Comparing Different Types of Furnaces & Home Furnace Installation Costs


If you are wondering what types of home furnaces you should install and are confused by the varieties in the market, here is a complete guide on the topic. There are different types of fuels used for furnaces and based on that four types of furnaces are: natural gas furnaces, electric furnaces, oil furnaces, and propane furnaces. The most common types for homeowners are natural gas and electric furnaces.


Details of Four Types of Furnaces

Natural gas Furnaces: Natural gas furnaces are a common choice for home furnaces and are quite affordable as well. Natural gas furnaces generally last up to 15 to 20 years. In terms of energy efficiency, they are not the best options but the newer models are up to 94% energy efficient.


Oil Furnaces: The oil furnaces are pretty costly and are run by petroleum oil in the combustion chamber. Commercial furnaces are generally oil furnaces and are used for a large amount of heat production. The oil furnaces are not the best choice for home furnaces.

 

Electrical Furnace: Electric furnaces are the most common type of furnace in modern housings. Electric home furnace installation costs are pretty affordable too. The electrical furnaces typically last up to 10 years to 15 years. The furnaces are almost 100% energy efficient but they can bump up your electricity bill high. 


Propane Furnace: In areas where electricity or natural gas furnaces are not easily available propane gas furnaces are a great replacement. But propane furnaces generally cost a higher price and provide 90% to 98% energy efficiency.

Which Furnace is the Best for Home Installation?

According to the availability, furnace installation cost, and energy efficiency natural gas should be the best choice while electric furnaces can provide ultimate functionality. The electric furnace installation generally costs between $2300 to $7000 and the purchase and installation cost of a natural gas furnace costs $4000 to $6000. The installation cost can vary on furnace size, ductwork, location, and labor. 


Conclusion: Choosing the right furnace for your home involves considering your heating needs, budget, and long-term goals. Gas furnaces are known for their high efficiency, while electric furnaces can be more budget-friendly. Oil furnaces are reliable, but oil prices can fluctuate. Heat pumps and geothermal heat pumps offer efficient heating and cooling options but come with higher upfront costs.



Location: Sherwood Park, AB, Canada

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