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  1. Mar 9, 2024 · For those considering a replacement, the average cost is similar to other furnace types and ranges from $3,500 to $6,000. Here’s a table showcasing some of the best brands for oil furnaces and their costs: Brand. Unit Cost ($) Total Cost with Replacement ($) Armstrong. $2,400 – $7,300.

  2. Aug 4, 2016 · Furnace Oil – Current weekly consumer prices for furnace oil in 30 Canadian cities plus the average Canada price. Prices by city. Prices by year. All fuels in a combined price chart. Wholesale Prices.

  3. Generally, high-quality furnaces from reputable brands tend to last the longest. With proper maintenance, a well-built furnace can last up to 20-25 years or even more.

  4. A properly sized furnace ensures efficient and effective heating, comfort, and lower energy bills, and maximized furnace lifespan. What is the most common furnace size? The most common residential furnace size is around 60,000 BTUs, but this can vary based on factors like climate, insulation, and home size.

  5. Jan 25, 2024 · In 2023, the average Canadian home that is fully heated on oil and using between 1,000 and 3,500 litres per year of oil would spend approximately $2,000 to $5,500 per year, depending on the province or territory, the climate, the efficiency of the equipment and heating load — making it the most expensive heating option.

  6. Oct 28, 2023 · Under the Oil to Heat Pump Affordability Program, homeowners can receive a rebate of up to $1,000. When combined with the Canada Greener Homes Grant, the total rebate can amount to up to (new) $15,000 to help offset the costs of the transition. Rebate Approval: After reviewing your application, the rebate amount will be approved and disbursed ...

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  8. Oct 13, 2021 · The average retail price of furnace oil in Canada hit $1.33 per litre in early October, compared to 86 cents a litre and $1.14 a litre during the same period in 2020 and 2019, respectively ...