The cost of a new electric furnace ranges from 1 000 to 2 500 while a gas furnace will cost between 3 000 and 4 000 before installation.
Electric heat pump vs gas furnace cost.
Your fuel prices may differ.
The average price for a new gas furnace ranges from around 2300 to install depending on manufacturer.
The cost to have a gas furnace installed averages 4 500 and the cost to install an electric furnace runs about 4 000 but you could pay up to 10 000 or.
If you live in an area where electricity costs less than gas then a heat pump is also the better option.
Ground source heat pump possibly air source heat pump average cop of 2 2 5 in uk costing more than gas and lastly i would personally rather spend 5000 installing a good gas central heating system than 16000 25000 for a ground source heat pump system offering similar returns in cost.
Compare the pros and cons.
Why choose a heat pump over a gas furnace.
Altogether your home comfort costs may be less with a heat pump.
Check here for up to date and regional pricing.
The cost of a new electric furnace is 1 200 on average to install.
Most of the reasons you would choose a heat pump vs.
Compare costs efficiency installation operating costs and more for electric heat pumps vs gas heating to determine which hvac system is best for your home.
These various methods of heating all have their associated costs.
Installing a heat pump is often cheaper.
Installation cost generally the initial cost and installation of a gas furnace is cheaper than a heat pump.
Electric furnaces are generally less expensive to purchase than gas furnaces and cheaper to install.
If you have an electric furnace or a heat pump an hvac technician will have to install venting for a gas system which will increase the cost of your installation.
Click here for an annual cost comparison chart using default values from the calculator above.
For gas people can choose between natural gas and propane while with a heat pump homeowners usually have both the heat pump function and the electric heating element included with the pump.
To talk with a professional about upgrading your heating system contact an efficiency maine residential registered vendor.
Gas furnace come down to where you live.
Homeadvisor s complete heat pump or forced air furnace guide defines the differences between electric and gas heat pumps and gas electric propane and oil furnaces.
However if your home requires cooling a furnace will need to be matched with an air conditioner.
A heat pump can do both.
