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.
Furnace parts include the burner (ignites fuel), heat exchanger (transfers heat), blower motor (circulates air), flame sensor (detects the flame), thermostat (regulates temperature), air filter (removes debris), and gas valve (controls fuel flow). Other components include the inducer fan, ignitor, and control board.
You should expect to spend between $3,800 and $12,00 on a new furnace, including both the unit and installation costs. Factors influencing the price include the type of furnace (gas, electric, or oil), the unit's efficiency rating, and the complexity of the installation.
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.
A standard policy typically won't cover the cost to replace your furnace if there was a mechanical problem, but you may be able to add an equipment breakdown endorsement for an additional cost that may provide coverage.
Typical furnace maintenance costs range from $75 to $200 for a standard inspection and tune-up, depending on the service provider and region. This service often includes filter checks, cleaning, safety inspections, and minor adjustments. Comprehensive maintenance plans or more in-depth repairs may cost more.
Common causes of ignition system failure include a faulty thermocouple, a worn-out spark igniter, or a malfunctioning control board. The heat exchanger transfers heat from the combustion chamber to the air circulating through your home. If the heat exchanger fails, your furnace won't be able to produce warm air.
One of the hardest-working parts of your home's furnace is the blower motor.
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.
Replacing furnaces without replacing air conditioners is possible, but it is not the most efficient choice. Remember that a professional HVAC contractor, like John Owens Services, can help you through the process of deciding what the best route to take is with your HVAC system.
Most experts recommend getting three to five HVAC quotes from licensed, insured, reputable local heating and cooling companies. Getting multiple detailed HVAC quotes (but not too many) lets you compare the equipment, services, and prices of several contractors without being overwhelmed by options.
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.
Does a New Thermostat Come with a New Furnace? That depends entirely on the make and model furnace that you choose. Many, but not all, high-efficiency furnaces have thermostats built in. One safe assumption to make is that if you're replacing your furnace then your thermostat probably needs to be updated as well.
1. Malfunctioning Thermostat. The first thing to check is whether your thermostat is doing its job.
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.
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.
Furnace: This is the component of your HVAC system that heats your home and may include a burner and fuel system, heat exchangers, a blower, and exhaust flue.
Furnace repair costs $317 on average. The cost depends on furnace type, which part needs repair, and contractor labor rates in your area, so the final price will range from $132 to $501. A cozy night in can quickly turn sour if your furnace decides to break down.
The IRS offers several ways for taxpayers to cut their tax bills through investing in certain energy-efficient appliances and home improvements. This can include upgrades like energy-efficient water heaters, furnaces, air conditioners, and similar investments. To claim the credits, you'll need IRS Form 5695.
How much value does a new HVAC unit add to your home? A new HVAC unit typically adds about $2,500 to $3,000 to the value of your home or about 5% to 7% of your home's value. Since a new unit can cost up to or more than $10,000 to install, it's up to you to decide if the upfront cost is worth the added value.
If your furnace is not blowing hot air, or is not operating at all, a component called the fan limit switch or high limit switch may have malfunctioned. You may also see an error message on your thermostat, or a blinking LED light on the furnace control board.