Have you been wondering how much you’ll need to spend on a new furnace installation? To determine whether you need a new furnace, consider how you take care of your current unit, as well as its age. Most systems tend to need more frequent repairs over time, so you may need to decide whether maintaining your system or upgrading to a new one would be more cost-effective.

Replacing your furnace is a big decision that requires careful consideration. Getting a quote is often the first step, as it will give you an idea of how much you’ll need to spend. But this can cut deep into your budget, depending on your financial situation. If you don’t want this to happen soon, your best solution is to anticipate what’s coming and save money, even if it’s little by little over time.
If you want to have a decent furnace installation but don’t want to break the bank, saving and preparing for replacement costs won’t always be enough. You should also know where to look for good deals and rebates so that you can get the most out of your new furnace replacement. Just make sure that they’re offered by trusted HVAC contractors who have a good track record with the local community.
Other useful tips that will help save money include:
Doing proper research. While it helps to know how your furnace operates right down to its essential components, it’s also important to make sure that you don’t get overcharged when you get a new furnace installed. To save money on your furnace installation, take the time to browse through which products worked best for people living in similar living environments. Reading reviews about HVAC contractors will also help by giving you an idea of how their customer service responds to comments.
You may also get referrals from neighbors and friends for your new furnace. You can discuss which heating service contractors they would recommend, and once you have a few local companies picked out, you can invite them to check out your furnace at home. You can also ask them other essential questions such as which is the best size, set-up, energy efficiency, price and warranty.
Checking for deals and rebates. Sometimes, your local or state utility company may offer incentives or rebates for replacing old HVAC or furnace units. Usually, these offers can stack, so if both your state and local utility company have promotions, you can submit for both so that a big part of your furnace replacement costs are covered! You can also check out current rebate offers from trusted HVAC manufacturers before calling in for estimates. These offers may sometimes apply to expensive models, so it may be a better deal to get a mid-level unit that isn’t eligible for a manufacturer’s rebate.
Comparing prices. When getting quotes from potential contractors, make sure that they’re quoting you for the same product or service. The prices will vary: one contractor could charge you $3,000-$4,000 for a new unit, while another asks for more. It’s important to double-check what the quote is for before questioning and comparing prices with other contractors.
Out of all the quotes you were given for your new furnace, you might find it tempting to choose the one with the lowest price. This isn’t always the best choice, however, as they might not have included all the details, such as the labor costs for installation. The highest price may not always mean they’re the best either, so choose one that seems right for your budget. Also consider the heating service contractor’s reputation in the area, especially since you’ll be working with them for future maintenance checks and repairs!
Many HVAC contractors will give an estimate through phone or email. They’ll base it on the information you provide them, such as the model, number of registers, square footage, photos, videos and so on. But to get a more accurate quote, an in-home visit from your contractor will be necessary. A professional heating and air conditioning contractor will take a closer look at your existing furnace and take note of key details such as the model number, serial number and manufacturer. They’ll also check your thermostat and ductwork while taking measurements within the system. You’ll usually get a more detailed quote in writing if they’re this meticulous in examining your furnace!
Knowing when to install your furnace. During the summer and winter, most HVAC contractors are busy with emergency repairs and replacements in other homes. You may even need to wait a few weeks before a contractor can service or replace your old furnace. But with the milder temperatures of spring and fall, there’s rarely any need for heating and cooling equipment to stay comfortable. This is why you’ll find discounted prices as well as more ideal weather for your furnace installation!
Fall is one of the best times to install a new furnace because it’s considered an off-season for heating and air conditioning repair contractors. Since they have fewer client calls at this time, you could get a great deal on your furnace installation. You’re also more likely to get good deals on future maintenance checks. If you’re still on the fence about replacing your furnace, you can easily schedule a maintenance check to determine how many years it can still run. But keep in mind that newer furnaces run more efficiently, which is often better than frequently paying for repairs.
If you’re able to save more on replacement costs, you may also get better deals when you look for newer models in the fall. This is when some models from last season are often sold at lower prices. Even the weather is more ideal during the fall, and the milder temperatures mean you won’t need to rely on your furnace as much. You can easily call in for a replacement at a discounted price!
If you’re looking for an honest, reliable heating and air conditioning repair contractor, you can count on the services offered by Bill Reynolds Heating & Air Conditioning! Call us at (440) 946-7863, or fill out our convenient online form.
I’m glad you explained how to compare quotes from different HVAC contractors. I visited my aunt the other day, and she asked if I knew where she’d find a new furnace for a good price, so I think she’d benefit from reading your insight. I appreciate your intake in asking for several quotes of the same service and unit before choosing one.