In choosing a new furnace, it would be advisable to look at the brand which is reputable and favored for its numerous models of heating systems. Being one of the most durable, energy-efficient, and innovative home furnaces has gained a great deal of demand in Canada. As mentioned earlier, furnace cost differs based on some factors such as the model, features that the furnace possesses, installation charges, and cost of buying the furnace. In this guide, you shall learn the different aspects of furnaces and the cost price that you are likely to incur when purchasing the furnace in Canada.
Impact on the price of the Furnace:
Manufacturing furnaces are of different types with different characteristics such as efficiency, and model sizes among others. Therefore, the price may vary with the model you want to use in your project. The most important factors that influence the cost of a furnace in Canada include:
Model Type:
The different furnace lines available include the Signature Collection, Elite Series, and Merit Series. The former is the Signature Collection that offers the best in quality while the latter is the Merit Series to match the lowest price bracket. The prices will depend on the model type that you select for your business.
Energy Efficiency:
There are high-efficiency furnaces that are costly but in the long run, they will assist you to incur less expenses on energy bills. Furnaces are 80% AFUE to 98% AFUE and not sure what AFUE means. It’s a system with a high level of efficiency. The AFUE of a furnace will be a bit higher in the expensive models but they will be quite a bit efficient in the long run.
Installation Costs:
The installation costs depend on the place, where the facility is located and the level of difficulty facing the contractors. Some of the subtasks involved in ductwork installation include home size the needed quantity of ductwork and the price of labor.
Features and Technology:
Two main types of furnaces are available for purchase in stores and they include Variable-Speed Furnaces Two-Stage Furnaces Smart Thermostat. These characteristics can create more comfort and energy efficiency yet at the same time, raise costs.
Elite Series:
Efficiency: AFUE of 96% – 98%. In the Elite Series buyers can find less expensive skiffs and at the same time have access to innovative solutions. These furnaces mostly have two-stage heating and better AFUE ratings in comparison with the previous models, so they would be perfect for those homeowners who are looking for both comfort and efficiency.
Signature Collection:
Furnace’s Signature Collection is the most advanced furnace of this company. These models are equipped with variable-speed blowers, have multiple energy-saving settings, and perform at their maximum efficiency. They are however expensive to some extent but they are the most comfortable, perform best, and provide long-term solutions.
Additional Costs to Consider:
For any client looking forward to buying a furnace, he or she should expect so many other expenditures besides the furnace. Such can be the installation costs, costs of maintenance, warranties necessary, and energy consumption costs.
Installation Costs:
This has been explained earlier, installation costs can be fairly volatile based on some factors and parameters. Canada averages between $1,000 and $2,500 to install a furnace, depending on the work required of the installer. The type, and size of a house, changes in the ductwork, and the cost of labor in the region are some of the considerations to be made in adherence to the price of installation.
Extended Warranties:
Most furnaces are sold with a limited manufacturer’s warranty; however, you can buy warranty services that will enhance the warranty supplied by the manufacturer for your home. They also extend their warranties to durations, the commonest being up to 10 years where they include repair, replacements, and labor costs.
Maintenance Costs:
Maintenance should be performed for your furnace regularly to help increase efficiency and extend the life of the furnace. The low-cost yearly checkups, washings, and basic fixes range between $100 and $200. There are annual maintenance programs that can assist in reducing costs for the ownership of commonly used parts in the home and can help employ top-priority emergency service when needed.
Furnace Rebates And Incentives For Installation:
There are so many benefits that Canadian homeowners stand to enjoy particularly in terms of rebates and incentives upon purchasing a furnace that is efficient in the current world. For instance, one can access the provincial energy-efficiency programs in provinces including Ontario, Alberta, and British Columbia in a bid to access rebates which are in most cases available when using efficient heating systems.
Federal Government Rebates:
Currently, Canada has the Greener Homes Initiative that aims at encouraging homeowners to perform upgrades that will help conserve energy, such as high-efficiency furnaces. These can be as low as $250 and as high as $1,500 depending upon the efficiency rating of the furnace. To spur energy-efficient furnaces, it has to be compliant with certain energy efficiency standards and the homeowner has to carry out a home energy report by a licensed contractor.
Not Picking The Right Furnace For Your Home:
Since there are so many different models to choose from it can be very confusing when trying to decide which furnace is the best for your home. Here are some factors to consider when making your decision:
Size and Capacity:
Therefore the size or the space of one’s home and the heating required will determine the size and capacity of the furnace. Furnaces are rated in terms of BTUs (British Thermal Units), and one needs to choose the right BTU for his house. A small furnace will be incapable of heating your house effectively while a large one will keep on switching on and off which is very inefficient.
Climate:
Winter is very hard in Canada, especially in zones such as Alberta or Ontario and that is the reason, the right furnace should resist low temperatures. A high-efficiency furnace with a high AFUE rating is required for colder places as it will be on for most of the time in the winter and hence requires high efficiency to reduce costs.
Budget:
High-efficiency furnaces help in using less fuel in the long run and hence are a little more expensive than the usual furnaces. If you’re on a tight budget, then the Merit Series will be a better option for you due to the better efficiency it offers at a lower price. But if you are ready to spend for high ticket models then you will probably get the best in terms of performance and energy efficiency with the Signature Collection.
Furnace Long-Term Savings:
Buying a furnace is one way of saving your money more in the long run especially if you go for the high-efficiency models. Although they are initially more expensive, high AFUE-rated furnaces use less fuel to heat your home which means that you will spend less money on fuel bills. At times, the savings that can be derived from the utilization of such energy sources can be more than adequate to justify the extra cost for early years.
Why You Need Professional Installations:
The most important consideration that owners of a new furnace must take is to ensure that the furnace is installed by a licensed HVAC contractor. If a furnace is not installed properly then even the most energy-efficient of furnaces on the market will still not be performing as well as it should.
It is important to choose an HVAC contractor that is licensed and has a great deal of experience as well as a good standing in your local area. A qualified contractor will see to it that your furnace has been installed correctly in line with the manufacturer’s recommendations and if you are in doubt about the model to acquire, the contractor will assist you.
Conclusion:
These furnaces are a recommendable investment for homeowners in Canada who want a centralized heater system. It is important to note that the price could differ with the model of the furnace, and features, installation, and range between $3000 and CAD 8500. Despite offering a relatively high first cost, savings on energy bills, comfort, and rebates associated with furnaces make the equipment one of the most cost-effective in the market in the long run.
