Trust Summit Heating & Air Conditioning for the best value in heating systems.
In the life of your furnace, there’s a point where the cost of keeping your existing unit running may be more expensive than buying a new one. If you have reached that point, usually after 15 or more years, then it may be time to consider a new heating system for your Denver-area home.
Whether you’re looking to replace a dead furnace or install a new system of ducts and vents, you’re looking at a significant investment in your comfort and safety. Here’s a breakdown of what you will be paying for:
A New Furnace
The cost of your furnace is the top expense when installing a new unit or a new system in your home. Furnace costs vary based on factors such as brand name, warranty options and energy efficiency.
Be sure to shop around to find the best options for your home and the highest-rated products on websites like Consumer Reports. Or contact your local HVAC provider for their advice.
Labor and installation costs are the second-highest expense when installing a new unit or new system in your home. Costs can vary based on:
- How difficult it is to install a new furnace in your home
- Whether you require retrofitting when moving from electric to gas model
- If you need new electrical outlets or breakers to support the new system
- If the new furnace is bigger or smaller than your existing unit
- If your furnace is difficult to access, like in crawl space or attic
- If you need new ductwork that is right-sized for the new furnace
- Bringing your existing system up to code to meet current code requirements
You will also see costs for the following on your quote:
- Pulling permits: Most cities and towns have specific permit and inspection requirements when installing or replacing a furnace. Your contractor should request the permit and pay for it (if needed) for you. If they ask you to do it, that’s a sign you may want to look for a new vendor.
- Code upgrades: Local codes and regulations may have changed in the time you’ve had your furnace. If this is the case, your HVAC professional may have to make modifications to your space, electrical wiring, and ductwork in order to “bring you up to code.” The contractor will pass these costs onto you in your bill.
- Job supplies and equipment: These additional costs are for the materials and supplies your contractor needs to install a new furnace in your home. These can include fittings and fasteners and mounting hardware, as well as a brazing kit, pipe wrenches, and pipe cutting and threading tools.
- Getting Quotes for Your New FurnaceFurnace removal and debris disposal. Contractors will charge you to disconnect the power, connections, and fittings for an old furnace in your home and dispose of it in the dump. They’ll also make you pay to load and haul away the older materials and the debris associated with the removal.
Always get multiple price quotes on the expected costs for a new heating system for your home based on 10 to 11 hours of work. This is the average amount of time it takes to install a furnace as well as contingency costs.
Reputable vendors will provide the quote upfront and not start work until you have signed off on it. They’ll have proper certifications and licensures as required by the state as well as insurance. They won’t change pricing on you mid-stream without clearly explaining the new costs. Plus, they’ll be upfront about whether you need a new furnace or not.
Selecting someone just because they offer the lowest installation costs could be a decision you regret—and one that could cost you more in the long run.
You may be able to do without air conditioning in Denver’s summer heat. But a furnace isn’t an option when it’s cold and snowy outside.
We guarantee the job will be done right, exactly as promised, or we will buy the entire system back for 100% of your investment. At Summit, we like to say our work is either 100% Right, or 100% Free.