Guide to Replacement Costs for Furnaces and Air Conditioning Units
Maintaining a comfortable home should always be a top priority, regardless of the season. That’s why it’s essential to have a fully-functional and efficient HVAC system in place, capable of keeping your home cool during summer and warm throughout winter. However, what if your old furnace and air conditioner suddenly stop working? It becomes crucial to determine the cost of replacing them, ensuring that you are aware of the financial implications and whether it aligns with your budget.
Read through this guide to learn the different factors that affect the replacement cost of your HVAC system in Canada.
Introduction to HVAC System Costs in Canada
Your home’s HVAC system encompasses heating, ventilation, and air conditioning components. Considering the numerous elements involved, it’s no surprise that replacing or installing such a system can come with a substantial price tag.
Several factors come into play when determining the quoted price for HVAC replacement. To gain a better understanding of what to expect in terms of cost, let’s delve into the numbers.
Based on the table above, the national average HVAC replacement cost in Canada is $4,995. The price can go up or down depending on factors like your location (city or province), the HVAC unit’s model, the unit’s size, etc.
How Much Does it Cost To Replace a Furnace and Air Conditioner in Canada?
The cost of replacing a furnace and air conditioner in Canada will depend mainly on the system you need to be installed. For example, the system replacement cost will vary if you were to install a furnace and central air conditioning unit instead of a boiler and a ductless heat pump.
It’s essential to break down each of these factors to understand how HVAC specialists determine the cost.
HVAC Labor Costs
The labor cost is one of the primary factors that will impact how much you have to pay for a new furnace and air conditioner. Two factors have the highest influence on pricing: 1) size and placement of the system and 2) cost of installation.
You need an HVAC Service in Burlington, ON to replace and install your furnace and air conditioner. An HVAC technician will consider the size of your home and the weather conditions where you live. At the same time, they will also be responsible for sizing the ducts correctly to maximize air circulation within your home. If not sized properly, your HVAC system could significantly increase your utility bills. A professional can properly fit your home with the correctly sized system, which helps you avoid unnecessary expenses in the long run.
Air Conditioner Replacement Options
- Split System: This is one of Canada’s most common types of air conditioners. It comprises two components: the house or evaporator coil and the metal case or the condenser coil. This air conditioning system is suitable for homes with a central furnace as they can use the same ductwork that is already built into the house.
- Central AC: This type of air conditioner combines the evaporator, compressor, and condenser. It is installed on the home’s roof or through a concrete slab.
- Heat Pumps: This system is ideal for homes that experience hot summers and harsh winters. It works by delivering cool air inside your home during the summer and warm air in the winter. It is one of the most expensive types of air conditioning systems (up to 40% more expensive), but it is the most energy-efficient.
- Ductless Mini-Split System: This system is recommended for homes without existing ductwork. It comprises an outdoor compressor and a condenser with one or several air handling units. A tube is used to connect the indoor and outdoor units. The ductless system is also 30% more expensive than air conditioning systems connected to a duct.
]Furnace Replacement Options
A furnace is a type of heating system designed to maintain the temperature inside your home during the winter. Several factors come into play when HVAC specialists give you a quote on your furnace replacement. Here are some of these factors:
- Annual Fuel Utilization Efficiency (AFUE) Rating: The AFUE Rating is assigned to a furnace to help consumers determine its overall efficiency. A higher AFUE rating is good because the unit is more efficient; however, it also means it will have a higher price tag. Don’t let the higher initial cost deter you because it could translate to more savings in the long run.
- Warranty: Always check the warranty when buying a furnace to replace your old one. You might have to spend more for a unit backed by a solid warranty, but it will give you peace of mind that the furnace will perform well. It’s best to pay more for a good quality furnace and not think about replacing it for another ten years.
- Features: Plenty of furnace models and brands are available, and they vary in the range of features they offer. The more advanced the features are, the higher the cost of that furnace model. Make sure you know what features you need so you can find the most suitable model to match what you’re looking for.
If you need to replace your furnace or air conditioner, shop around and ask various HVAC specialists for a quote. They will ask you for basic details such as the size of your home, location, and the type of HVAC system you want to be installed. Most specialists are willing to give you a quote before you agree to a contract, so use this opportunity to shop around and determine the best fit for your budget and needs.
At Canadian Heating and Air Conditioning, we provide competitive pricing and HVAC financing, so you don’t have to stress about not getting the system you truly desire. Give us a call today for a quote!