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This page introduces the oil price indices West Texas Intermediate (WTI) and Western Canadian Select (WCS). These are both important oil price benchmarks.
Furnace Cost Calculator. 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.
Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison...
- Factors Impacting Furnace Prices in Canada
- Furnace Prices by Size & BTU Output
- Furnace Prices by Efficiency
- Furnace Prices by Fuel Type
- Furnace Installation Cost & Other Important Factors
- Adding It All Up
- In Summary
The prices we talk about in this article are just a general estimate. Every home and installation is different. Like any home improvement project, various factors can impact the final price. Local furnace companies that are licensed and experienced can help you understand the following factors that affect furnace prices in Canada: 1. Size of your h...
Furnace sizewill depend on the square footage of your house, the layout (e.g. townhouse/townhome, semi-detached, fully detached, bungalow, etc.), your climate, insulation, and how new your home is. An HVAC specialist can give you an accurate sizing estimate. The chart below shows exampleprices (just a guideline!) for a new forced air gas furnace (i...
Annual Fuel Utilization Efficiency is the energy efficiency rating of a furnace. More efficient furnaces will cost more, but they’ll also save more on energy bills. AFUE used to be more important, but now the Canadian government has mandated a minimum efficiency rating of 95% in most cases (with certain limited exceptions). As such, all new high-ef...
Note that these prices include a typical installation. 1. Natural Gas Furnaces– $4,000 – $6,500+ 2. Propane Furnaces– $5,000 – $7,500+ (typically in more rural areas, which increases average costs) 3. Electric Furnaces– $3,000 – $5,500+ 4. Oil Furnaces– $3,000 – $5,500+ Learn more about converting from oil or electric to propane or natural gas.
Installation & Labour Cost
Labour and installation usually cost around $1000 – $1200+. This is just a general estimate, of course. Why so much? Installation costs cover hours of labour from the main technician and possibly a helper, as well as built-in costs like business expenses, staff, office/warehouse lease, company insurance, licensing, vehicles and gas, and beyond. Related Article: The Truth About Furnace (and A/C) Pricing– by Simon Bernath, founder of FurnacePrices.ca
Factors That Can Affect Installation Cost
For a more accurate estimate about furnace installation costs, request a quote from a local company. Here are just a few things that can affect the installation cost of a new furnace, usually due to the additional parts and labour needed: 1. Location of the furnace– e.g. is it easily accessible versus in a crawlspace? 2. Venting upgrades– older furnaces tended to be larger than newer models, meaning you’ll have to retrofit the existing ductwork, e.g. the plenum (the ductwork connecting to the...
Expect to pay about $3000 – $3500 at the minimum for a new furnace, including installation. For a high-efficiency furnace with at least two stages, most homeowners in Canada will pay an average of $4000 to $6500+. Prices can stretch as high as $8000+ if it’s a top-of-the-line furnace, if it’s a complex installation (or conversion from, say, oil to ...
Ultimately, expect to pay between $4,000 and $6,500 on average for a new furnace in Canada, but don’t forget about the many factors affecting the final price. We can do our best to provide estimates and price guidelines, but every home and situation is different, so the best thing to do is get an estimate from an experienced and established local H...
Mar 1, 2021 · Prices are based on daily closing prices posted on NYMEX in US dollars per barrel. Prices are converted to Canadian dollars per cubic metre using the Bank of Canada’s daily noon exchange rate and applying a volumetric ratio (6.29:1) to convert the price per barrel to a price per cubic metre.
Use this price per square foot calculator to work out the cost price per square foot of floor space for purchases, lease prices, and rentals on property.
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Oct 1, 2023 · Selected Crude Oil Prices October 2023 (Canadian dollars per cubic metre) Note: No prices are reported on weekends and American statutory holidays. Did you find what you were looking for? Date modified: 2023-11-28. Date Exchange Rate WTI Cushing.
