What Is the Average Cost of Furnace Replacement?

Homeowners in Salt Lake City should expect to spend $1,600 on average to replace a furnace this year. The actual price will depend on the cost of a new unit, labor, and materials.

You should consider repairs if you will only spend less than 50% of the replacement cost. The average rate of furnace repair in Salt Lake City ranges from $50 to $800, but most people spend $330 for professional service.

Cost of Replacement

A typical furnace replacement costs more than repairs because of the need to remove the existing unit, which can increase the professional labor fee. Some contractors can charge from $50 to $75 per hour for installation work. The price of a new unit in the city usually costs approximately $1,100 depending on the brand and type of furnace. You should also add around $205 to your budget for materials and supplies.

If you have been using a furnace for more than ten years, it’s better to replace it, especially when repairing problems become more frequent. You can save up to 30% of your energy expenses if you install a modern unit.

How to Choose a Unit

You should have an estimated measurement of your house to determine the best type of furnace. Those who live in a warmer climate can install a gas-fired unit with a lower BTU, while homeowners in colder areas need a gas furnace with higher BTUs. If you have a 1,600-square-foot house, you should expect to spend at least $600 to buy an 80,000-BTU heater with a three-ton blower.

The purchase price for electric furnaces range from $400 to $1,200, and installation costs can reach up to $2,400. An oil furnace is the most expensive, with prices ranging between $1,300 and $2,300 without the cost of installation, which can cost up to $7,000.

Furnace vs. Heat Pump: What’s the Difference?

HVAC technician

Most homeowners think that forced air furnaces and electric heat pumps are the same, but there are particular distinctions between the two conventional heating systems. A forced air furnace requires combustion to distribute heat while heat pumps rely on electricity. You shouldn’t consider installing heat pumps if you live in a place with extreme weather.

On the other hand, a furnace won’t help you to cool down during the summer months. You need to install an air-conditioning or cooling system for this reason. Residents in the northern part of Salt Lake City and Utah should choose a furnace due to the cold snap that can happen every year. Don’t use a heat pump to avoid paying a higher electric bill. Some homeowners can incur a $500 bill just for one month when they use heat pumps during freezing weather.

Consult an HVAC expert to decide whether to replace or repair an old furnace. You should inquire with as many contractors as possible to compare rates and services. Furnace repair in Salt Lake City might require a permit and a licensed professional for installation, so ask local authorities before making any decision.

Share to

The Author

Scroll to Top