Having a reliable furnace in your home is a necessity. If you need a replacement, you are likely researching how much it costs so you know how much to budget for. Even if you are not quite at the point of needing a new furnace, it’s important to have a general idea of the costs so you can plan accordingly. Here’s what you need to know about furnace replacement costs.

Know what you need.
The first thing you need to determine is the type of furnace needed. Most gas furnaces will cost between $4,500 and $10,000. Ductless heat pumps are also a great option for efficiency and affordability and range from $5500 – $13,500, depending on the design of the system.   Heat pumps are usually in the $7,500 – $15,000 range, depending on the size, efficiency and design of the system.  However, heat pumps do have one big advantage: they provide heating and cooling in one system! This makes them a great investment for all kinds of homes in Oregon.

Determine what type of furnace is most efficient.
Finding ways to be an environmentally conscious homeowner is important. So, when you are doing your research on types of units, consider which furnaces have the best reviews and ratings for efficiency. Newer models with 90% energy or higher efficiency mean that you’re doing something great for the environment. And, you’ll also be helping save money in utility bills!

Look for specials.
Rebates can help save you money on furnaces. In addition, most furnaces come with warranties that can help you save money later down the road. When you’re doing your research and getting quotes, ask heating and cooling companies for information on energy rebates, tax incentives, and other deals or promotions that are currently happening. This could save you hundreds – maybe even thousands – of dollars.

Can’t pay for the whole system in one lump sum? Don’t worry. There are plenty of financing options available that our team at Specialty Heating & Cooling LLC can help you with. We want to ensure you are comfortable with your purchase and make our best effort to find the right system within your budget guidelines.

So, not sure if you need a new furnace now or perhaps you could prolong the purchase for a bit longer? Contact our team today so we can look at your existing system. We’ll provide a quote on what it would take to get a new system installed, or we will provide advice on how much longer your current system will hold up. We look forward to helping keep you comfortable this year, no matter what the weather does outside!

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