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The Cost of Furnace Installation
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July 4, 2022How much is a new furnace in Toronto? Many homeowners don’t even think about it until their current furnace breaks down and they need to buy a new one. It’s an important decision that requires some expert advice from HVAC professionals like the ones at ThermEnergy. As the HVAC experts, we’ve put together this handy guide to help you make a well-informed decision.
Average Furnace Installation Cost
So how much does a new furnace cost? The primary determining factor of how much your furnace costs will be the BTU output (British Thermal Unit Output). In the Greater Toronto Area, the average cost of furnace installation for a 40,000 BTU unit is anywhere from $3,000 to $4,000 while a larger unit at 80,000 BTU could run up to $5,000.
Labour and Installation Cost
In terms of installation costs not including the furnace, you can expect to pay anywhere from $1,000 to $1,200. Of course, every home and situation is different and requires an in-person inspection of the site for an accurate estimate. When calculating installation costs, the HVAC professional will determine how many hours it took to install as well as how many hours were needed by assisting technicians.
There are also other things to consider including licensing, insurance, and fuel to get to the job. You should always do your research and get multiple quotes before deciding who to hire for your furnace installation project. Ask if they use quality parts and be sure to ask for references.
Factors that Determine Installation Cost
Before you go out and buy a new furnace, you should always consult an HVAC expert like the ones at ThermEnergy to help you determine your specific needs. You don’t want to buy a furnace that’s too powerful or too weak for your home. Our professionals can help you determine which model and size of a furnace will heat your home most efficiently. And besides size, there are several other factors you to consider when furnace shopping including:
- Type of Furnace: Many different furnace types are available on the market including geothermal, gas, electric, mini-split, and oil variations.
- Average Temperature: Do you live in a climate with long winters and temperatures that regularly dip below freezing? Or do you live in a warmer region where you’ll only need to turn on your furnace for a month each year?
- Price: Total cost of a new furnace can vary widely depending on the brand, model specifications, and installation situation.
- Square Footage: How big is your house? How many floors does it have? This will determine how powerful of a furnace you need to adequately heat all areas and rooms in your home.
- Insulation Values: Has your house’s insulation been upgraded recently? How old is the insulation? Older insulation won’t trap heat in as easily and your furnace will have to work harder to keep things warm.
Contact the Pros
ThermEnergy is the Greater Toronto Area’s preferred team when it comes to HVAC or new furnace installation and repair in Toronto. We are fully licensed and insured to work in your home and we promise 100% satisfaction with every job we take on. Call us today to get an estimate!
