How Much Should You Pay to Install a New Electric Furnace?

Homeowners in Utah may have to spend around $2,615 on average if they want to replace their old electric furnace. This amount already includes the cost of installation, but the actual price will still depend on certain factors.

If your existing unit only needs a quick fix, you should hire an HVAC professional for furnace repair in Salt Lake City, the cost of labor per hour could range between $50 and $150 based on the contractor’s licenses and experience. Another reason to consider repairs involves the lifespan of your unit. Most electric furnaces last between 15 and 20 years, so it makes more sense to repair if it’s still quite new.

Electric Furnace Brands

The average price of an electric furnace costs $665 for a 1,500-square-foot home, but some models are available for just $395 like the Goodman brand. This requires an installation cost of around $1,657. Well-known brands entail a higher price. An average cost of an American Standard electric furnace reaches $1,165, excluding the $2,457 cost of installation. However, owning a premium brand lets you access an extensive network of experienced HVAC professionals.

Those who live in places with severe winters should consider replacing their electric furnace with another type. It can be expensive to use it over the long-term, which primarily manifests on a hefty utility bill.

Choosing Another Type of Furnace

Homeowners who plan to make the switch from an electric furnace should expect to spend $4,266 on average for installing a new fireplace. The gas type is the most popular for those who live in a cold climate. You may have to spend around $3,585 for installing one in a house with a floor space between 1,600 and 2,000 square feet.

You could choose to convert an electric furnace into a gas type, although this would require you to install piping and ductwork. By doing so, it increases the upfront charges by at least $5,000 or more based on the floor space. Consult a professional on what works best for your home, and think about spending extra on a more extended warranty by purchasing a more expensive brand.

Basic Troubleshooting Guide

man checking temperature of furnaceLike any other heating system, gas furnaces are also prone to specific problems such as a malfunctioning thermostat. If the settings are properly configured, you might need to inspect the batteries and circuit breakers to find out why it doesn’t produce heat. In some cases, pressing the reset button will fix the problem.

Proper maintenance is necessary to prevent most of the common problems arising from dirty filters. Experts recommend homeowners to change filters once every month to keep them running in good condition.

In the end, unless you live in southwest Utah, it might be better to consider another type of furnace instead of an electric system. The average temperature during winter months in the state could reach below the freezing point, which means an electric fireplace would have to work twice as hard. Hence, it’s possible to increase a costly utility bill.

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