Furnace Cost Equation:
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The Furnace Replacement Cost Calculator estimates the approximate cost to replace a furnace based on its heating capacity in BTU/h (British Thermal Units per hour). This provides homeowners with a rough estimate for budgeting purposes.
The calculator uses a simple equation:
Where:
Explanation: The equation provides a rough estimate of furnace replacement cost based on industry averages of about $0.06 per BTU for a standard efficiency furnace.
Details: Having a realistic cost estimate helps homeowners budget for furnace replacement and compare quotes from contractors. Actual costs may vary based on efficiency rating, brand, installation complexity, and local labor rates.
Tips: Enter your furnace's BTU rating (found on the nameplate or in the manual). For new installations, use the BTU requirement calculated for your home's size and climate.
Q1: How accurate is this estimate?
A: This provides a rough estimate. Actual costs may vary by ±30% based on furnace type, efficiency, and installation factors.
Q2: What affects furnace replacement cost?
A: Key factors include furnace efficiency (AFUE rating), brand, installation complexity, ductwork modifications, and local labor rates.
Q3: Should I get multiple quotes?
A: Yes, always get at least 3 quotes from licensed HVAC contractors for accurate pricing in your area.
Q4: Does this include installation costs?
A: Yes, this estimate includes both equipment and typical installation costs.
Q5: How do I find my furnace's BTU rating?
A: Check the nameplate on your existing furnace, consult your owner's manual, or ask your HVAC technician.