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  2. 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. Here’s a table showcasing some of the best brands for oil furnaces and ...

  3. 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.

  4. Jan 25, 2024 · The average Canadian home that uses natural gas would spend between approximately $500 and $2,000 per year on home heating. Homeowners who are fully heating on oil and switch from an oil furnace to an eligible heat pump system could save approximately $1,500 to $4,500 per year on their home energy bills.

  5. Mar 25, 2019 · The current price of heating oil in Canada is CAD 1.52 per liter or USD 1.11 per liter. The latest update was on 29-Apr-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-04-29.

  6. Apr 29, 2024 · A new oil furnace installation with an oil tank replacement costs $4,200 to $8,800. Oil furnace prices are $1,200 to $4,000 for the oil burner, plus $1,000 to $3,000 for installation labor. High-efficiency oil furnaces cost $3,000 to $10,000 .

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