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  1. Mar 9, 2024 · How Much Does an Oil Furnace Cost? An oil furnace typically costs between $5,000 and $7,000, with some high-efficiency models reaching up to $10,000. For those considering a replacement, the average cost is similar to other furnace types and ranges from $3,500 to $6,000 .

  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. Jan 9, 2024 · The average cost of a new natural gas furnace in Canada is between $4,000 and $6,500, including installation. Of course you could end up paying more or less than that, as each home and situation is different.

  4. Use our quick and free furnace cost calculator to get an estimate on how much your new propane or natural gas furnace will cost, including installation.

  5. Aug 27, 2023 · Clearly, fuel oil is very expensive (and it is highly polluting; see the June Glebe Report article on the GHG outputs of various fuels and the impact of GHGs). Natural gas is the most common fuel for heating in Ontario because it has the least expensive direct cost.

  6. May 15, 2024 · Key Takeaways. The initial expense of an oil furnace depends on factors like brand, efficiency ratings, and heating capacity. Brands like Armstrong, Carrier, Lennox, Rheem, and Trane offer different models with varying prices, typically ranging from $2,400 to $7,000 CAD.

  7. Mar 25, 2019 · The current price of heating oil in Canada is CAD 1.51 per liter or USD 1.10 per liter. The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01.

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