House is ~2000 sq. ft.
Have a 23 year old Ruud gas fired furnace.
What would be the approximate cost to update the furnace alone?
About how much increased efficiency (or savings in $) could I expect?
Approximate cost to replace a gas furnace?
02
Apr
oscarschic
April 2, 2010 at 4:28 pm
A 90% or 93% efficiency furnace would be best for the size of your home.
Plan on setting aside $1800 to $2400 for the furnace and installation. Plan on more if you decide to purchase a service contract, or have other services done simultaneously, such as duct cleaning.
Get at least 3 estimates before you decide on a contractor – prices can vary greatly. Sometimes you can save money by purchasing a ’scratch and dent’ model. Cosmetic defects won’t affect the operation of the unit – and since it is in a basement, or utility room, who will really care?
Research manufacturers in Consumer Reports, or a similar source. This will also help you decide when selecting a unit.
By installing a newer, more efficient unit – you can expect to save an average of 15-28% or more on your home heating costs.
Do some research to see if you might be eligible for up to a $500.00 tax credit for upgrading to an EnergyStar appliance.
Chris L
April 2, 2010 at 5:21 pm
I put a new furnace in three years ago – I had 4 estimates ranging from $1800 to $2500.
Caution: DO NOT PURCHASE A LENNOX FURNACE!!!