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What type of furnace is cheapest to run? Natural gas furnaces tend to be the cheapest to operate due to generally lower fuel costs, however this can vary significantly. Higher end natural gas or propane furnaces with features like a variable-speed blower and modulating burner tend to be the most efficient and therefore cheapest to run.
Feb 15, 2024 · For the most energy-efficient, quietest operation, and maximum comfort, look for a variable-speed/modulating furnace. Or for a more budget-friendly option, consider a single or duel stage model. We compare the pros and cons of different furnace types here >>.
- 4 min
- Go for a High-Efficiency Furnace. Finding a good deal is great but you shouldn’t forgo quality and energy-efficiency just to save a few dollars – the cost, in the long run, will be higher.
- Go for Natural Gas or Propane. Modern gas and propane furnaces are widely sold, making them a popular choice of heating system in Canada. In addition, they generally have the lowest ongoing operating costs.
- Consider Financing or Rent to Own. Another option to consider is financing which may allow you to get a brand new system with no upfront costs, instead spreading the cost out with a simple monthly payment.
- The Cheapest Option is Not Always the Best One. It’s a good idea to look for a good deal. Just remember that if something seems too good to be true, it probably is.
Goodman offers a wide range of gas furnace options, including many highly efficient models, with prices that are generally in the budget range for furnaces. Goodman’s furnaces are dependable, efficient, and American made throughout their product line.
The most popular type of furnace for homes is a natural gas furnace. A gas furnace is the least expensive to operate run and costs $5,000 to $7,000+ to purchase upfront, depending on efficiency. Typically, a gas furnace operates at an AFUE of 95-98% which makes it the second most efficient out of the four.
Jul 24, 2023 · On average, Canadians spend nearly $5,600 for an installed Lennox furnace. The prices start from $2,900 and can reach $8,300+. Let’s compare different Lennox furnace models and prices to create a more vivid image of unit costs and benefits.
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Go Buy Your New Furnace! Understand the cost of a new furnace with our detailed guide. Learn about pricing factors, installation costs, and how to save more money.
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