New furnace or heat pump prices will vary based on city, cost of living, brand, efficiency, warranties included, and more. A new furnace will save you money in heating, but figuring out a new furnace cost can be tricky.
As your heating system ages, it will become less reliable. This is true regardless of the system and maintenance performed. That being said, a properly maintained system will far surpass a system that was neglected in terms of longevity. As your HVAC system approaches the end of its life cycle, heating repairs will become more frequent and increasingly expensive, while at the same time cost more to run yearly due to lower efficiency. Luckily Borum Heating & Air is here to help! Contact us to receive a quote for a new system and learn about our flexible financing options. Our skilled technicians will help determine the best possible solution for your family.
HVAC maintenance, just like owning a car, is extremely important when it comes to limiting repairs and prolonging the life of the system. Having maintenance performed twice a year during spring and fall is extremely important in terms of saving energy. Making sure everything is running properly before any larger issues develop. Contact us to schedule your heating maintenance today!
Is your heating and air conditioning system 10-15 years old? Get up to $500 off of a NEW HVAC system! Some restrictions apply. See contractor for details.*
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How To Decide If It's Time To Install A New Heating System?
New heating systems have Season Energy Efficiency Ratio or SEER requirements much higher than in years past. Older units generally have a SEER rating somewhere in the neighborhood of 8-12, whereas the newest units can reach a SEER rating of 26. That’s some serious savings on your monthly bills!
When the cost of continuous repairs and monthly bills start to add up, in most cases it can be more economical to replace the unit. Our installation team at Borum Heating & Air can go over your options so that you can have all the information you need to make the best decision possible for your home and budget.
Furnace installation costs include the time it takes to install the furnace, where it’s being installed, how difficult it is to install, and whether or not new ductwork needs to be installed. Additional factors that can affect furnace installation costs are the fuel type, brand, size and energy efficiency.
Furnace Efficiency
Furnaces today are much more efficient and there are a host of different options when you’re looking to purchase your new unit. Furnaces with higher Fuel Utilization Efficiency Rating, or AFUE, run more efficiently and therefore cost more to purchase upfront, but end up saving you money in the long run on your utility costs.
Energy Source
The type of energy you use to heat your home can be the most important choice you can make. For example, electric furnaces are less expensive, but are more expensive in energy usage than other types of furnaces. In areas where the winter is harsh, an electric furnace may have the highest lifetime costs. Gas furnaces are more expensive, but as natural gas is relatively cheap, they may be the most cost-effective option over the furnace’s lifetime. Oil is the most expensive in hardware cost.
Size of the Furnace
Just like most things in this world, bigger means more expensive. We can perform a load test to determine the correct sized furnace for your home so you don’t waste money on a furnace that costs more upfront and also increases utility bills over the years. Depending on the furnace’s energy source, an increase in size can have different effects on a unit’s initial price.