Labor. In most cases, labor costs for installing a new furnace can run from $75 to $100 per hour.
Typically, labor can cost anywhere from $75 to $100 an hour depending on the company and area as well as the complexity of the job. There could be an additional $50 an hour for an assistant. As well as charges for inspection of the furnace ranging from $200 to $260.
Installation Entails More than Just the Furnace
Holes are often drilled for pipes and wires. The technician must also transport the furnace and move it to the proper location, which can be difficult depending on the space available and if the unit is placed downstairs.
On average, customers can expect to pay between $2,500 and $7,500 for a new furnace, including installation costs. Home Depot also offers financing options to help purchase a new furnace more affordable.
4-8 hours. Furnace installation in a residential home usually takes 4-8 hours, depending on the complexity of the job. Additional time may need to be added to account for ductwork, electrical, or gas line modifications to properly match the new equipment.
Some DIY Work Can Be Illegal
In California, installing a furnace or other major HVAC component requires pulling a building permit, which is issued by the city or county.
The good news is that as long as the existing ductwork in your home is in tip-top condition and doesn't require a repair or replacement, the furnace installation should be completed within a day. On average, it takes about four to 10 hours to wrap up a furnace install, depending on the type and size of the unit.
Gas Furnace: $3,000 – $6,000. Electric Furnace: $2,500 – $5,000.
The Average Furnace Lifespan
A well-maintained furnace can last at least 15 to 20 years, but completing annual maintenance and being diligent with repairs can extend its life even longer.
Key Takeaways. The cost of a new furnace installation varies widely from $2,000 to $8,000+, with numerous factors such as size, type, efficiency, branding, and additional work such as duct modifications affecting the total price.
A heat exchanger replacement is often one of the most costly repairs in a furnace, and the expense can sometimes rival that of installing a new furnace. Typical replacement costs vary widely but can easily reach several thousand dollars, especially if labor costs are factored in.
One of the main ways that energy-efficient furnaces save you money is by reducing your monthly utility bills. Older furnaces tend to be less efficient, meaning they consume more energy to produce the same amount of heat. This translates to higher energy bills month after month.
When technicians pass the licensing exam, they are deemed fully knowledgeable in the HVAC field. Handymen won't have an HVAC license, which means they may not even possess adequate training to successfully work on your heating or cooling system.
Your base homeowners policy will cover many types of damage to your furnace. An extra endorsement known as Equipment Breakdown Coverage (EBC) will give you additional coverage for certain types of mechanical or electrical failure.
Your HVAC contractor will start the process by assess your home's heating needs based on size, insulation, and layout. The furnace installer will then recommend the appropriate furnace type (gas, electric, oil) and size based on the home evaluation.
For people taking a proactive approach, doing a furnace replacement during the “shoulder seasons” of spring and autumn may offer lower prices, shorter lead times, and a better selection of products and service appointment availability.
Repair: If your furnace system is less than 15 years old and the cost of repair is less than half the cost of replacement. Replace: If your furnace system is more than 15 years old and requires a costly repair to maintain efficiency.
If you're worried about not having heat while the installation is in progress, the good news is that most replacements won't take more than a day. On average, home heating companies can complete the installation in about four to eight hours, depending on the size of your house.
You'll be happy to hear that while your exact cost savings will vary based on the systems that you choose to install, we've estimated that bundling furnace and AC installations will save you an average of $2,000 and $5,000.
The calculation is simple. A basic rule of thumb for furnace size calculation is that it takes 30 BTUs for every square foot of house.
The Cost of Equipment and Tools
This equipment and tools can be expensive, and the cost is passed on to the consumer in the form of higher service fees. Additionally, HVAC technicians must maintain their equipment and tools to ensure that they are functioning correctly, which adds to the overall cost of their services.
In most cases, labor costs for installing a new furnace can run from $75 to $100 per hour. Labor costs can vary by location, though; for example, if you live in a place with a higher cost of living, you can expect labor costs to be higher.
How many people does it take to install a furnace? It often takes two skilled professionals to install a furnace. This allows the work to be done efficiently because one person handles the installation of the furnace itself while the other focuses on connections, such as gas lines and electrical wiring.