Which Furnace Do I Need and How Much Will It Cost?

Posted On: September 22, 2019

When it comes to needing a new furnace in your home, you probably have a lot of questions. Most homeowners do! It only makes sense – you want to choose the right furnace for your home while still not breaking the bank. If you find yourself asking “what furnace do I need?” or “how much is this going to cost me?” then this blog post is for you! We will break down the different options you have when it comes to selecting a furnace and what they cost.

Which Furnace Should I Buy?

Before you can figure out what your new furnace is going to set you back, you need to figure out which furnace is best for you. There are three basic types of furnaces to choose from: gas, oil, and electric. Each comes with their own pros and cons, so we’ll go over those in more detail.

Gas Furnace

One of the most common types of furnaces in homes today is the gas furnace. When you choose to install a gas furnace in your home, you can count on lower costs of operation compared to other forms of fuel, plus even heating throughout your home. Your gas furnace is hooked up to a gas line, which sends the gas through the line and along a burner, which creates hot combustion gas. This is then circulated by a fan, raising the temperature of your home. New gas furnaces are pretty energy-efficient, too, with a typical Annual Fuel Utilization Efficiency (AFUE) rating of 88-98%. That means if you choose a gas furnace, especially a high-efficiency one, your furnace can be operating at near-perfect efficiency.

Oil Furnace

If you don’t have access to natural gas, an oil furnace is an option you can consider. Similar to how a gas furnace works, an oil furnace uses a burner to turn the oil into a sort of oil mist, mix it with air, and then ignite it with a spark. This combustion gas is then used to raise the temperature of your home through the heat exchanger, where the heat is transferred to your household’s air. Oil furnaces do require you to have an on-site storage tank to store the oil, which is something to consider when buying an oil furnace. They also tend to be a little pricier to run due to the price of oil and have an AFUE rating of around 80-90%.

Electric Furnace

Another option to consider if you’re lacking access to a gas line is an electric furnace. Like the other two furnaces, an electric furnace heats your home very similarly – except instead of using gas or oil, this furnace uses electric heating elements to raise the temperature in your home. These heating elements are controlled by circuit breakers. Like oil furnaces, electric furnaces are not the cheapest to run, but they are highly efficient. They’re a good option if you’re short on space because they tend to be a bit smaller than their counterparts. Another pro to the electric furnace is that you won’t have to worry about carbon monoxide since it doesn’t use combustion fuel.

What Is The Best Furnace?

Now that you’re aware of the different types of furnaces available, you might still be wondering “what furnace do I need?” or “what furnace is best for me?” While each furnace has its pros and cons, there are some key factors to consider when selecting your furnace.

The first thing to consider is whether or not you have access to gas. Gas furnaces tend to be the cheapest to operate and the most energy-efficient, but if you don’t have access to gas, you may have to consider a different type of furnace. The second thing to consider is the climate. In Utah, we get cold winters – really cold winters. Gas furnaces are the best choice for heating a home in an area with harsh winters.

If gas is a no-go for you, it’s time to think about either an electric or oil furnace. If you want a furnace that’s very similar to a gas one, then oil is the way to go. This type of furnace is pretty rare, though, since the cost of oil makes them much more expensive to operate. If you’re short on space, however, an electric furnace may be a better fit since they’re usually a bit smaller and because oil furnaces require an on-site storage tank. Be warned though, electric furnaces are usually installed in homes that don’t experience harsh winters, since they do require a decent amount of electricity to heat a home. If you choose this option, just keep in mind that the operating costs will be on the higher side.

Basically, there is no clear answer to “what is the best furnace?” because it really depends on your unique situation. It’s always a good idea to discuss your options with a professional, like the ones at Mountain Air, so that you can be fully informed and confident in your decision!

How Much Will My Furnace Cost?

Similar to the question above, the answer to this one depends on your unique situation. While the overall cost of your furnace installation project will depend on the complexity of the installation and the brand you select, below are a few basic guidelines for the cost of each furnace.

Gas furnace: While prices vary a good amount based on the brand you select, the average price for a gas furnace is around $1,200. Keep in mind, this is just the cost of the furnace – installation is a separate cost. If you choose a high-efficiency model, keep in mind you’ll probably make up the cost difference in your energy savings alone!

Oil Furnace: The average cost of an oil furnace is around $1,800. Again, this is just the average cost – brands of oil furnaces vary widely in price. There is around a $1,000 difference between the cheaper and more expensive options. It’s good to talk to an expert and do some research to determine which brand is best for you.

Electric Furnace: Electric furnaces come in at an average price of around $665, but can go up depending on the brand. While electric furnaces are a little more cost-efficient to install, keep in mind they cost more to operate!

When it’s time for a new furnace, there are a lot of factors to consider. From what type of furnace to choose to up-front and operating costs, it can become overwhelming! But when you work with Mountain Air, you won’t have to go it alone! Our team of professionals is ready to help you with your new furnace installation and answer any questions you may have along the way. Our goal is providing our customers with a great experience from start to finish, so you can count on receiving quality service when you call us!

To schedule your furnace replacement service, contact the experts at Mountain Air today! We’re happy to answer your questions and put your mind at ease. Call us today at (801) 416-2215(801) 416-2215 to get started.