Although most HVAC systems offer maximum longevity, you’ll have to replace them after several years of use. HVAC systems tend to deteriorate with time. If your HVAC system fails, ensure you replace it at your earliest convenience. So, how much does HVAC installation cost? The cost of HVAC installation often depends on various factors, like the unit type and the installation company. In this article, we will look at the average cost of installing a heating and cooling system.
Typically, expect to spend $4,850 to $9,400 when buying an HVAC system unit. This cost depends on the model you purchase and the manufacturer. Always look for a system that caters to your needs. It would be best to replace your HVAC system immediately if it stops working. Otherwise, you may not be able to survive the extremely low temperatures during winter and the high temperatures during summer. Consult a professional to advise you on the best HVAC system to install in your house. Moreover, conduct thorough research on the best HVAC systems available on the market before purchasing.
Indisputably, installing a heating and cooling system is expensive. Luckily, there are several techniques you can implement to help you save money on HVAC installation. One of the most common ways to save money during HVAC installation is to look for manufacturer rebates. This way, you’ll be able to find systems at discounted prices. Search for the HVAC model you want; then, compare prices from different manufacturers’ websites. Another way to save on HVAC installation is to look for an affordable yet reputable installer. Instead of hiring big companies, ask for referrals from your neighbors. This will help you find a good installer whose services are affordable.
Some HVAC installers provide their prices based on square footage. On average, expect to pay $15 to $18 per square foot for HVAC installation. So, the bigger the house, the more you’ll likely pay for HVAC installation. On the other hand, some HVAC installers don’t charge based on square footage. Regardless of the installer you choose, ensure they can cater to your budget and deliver quality installation at the same time.
An HVAC system performs both heating and cooling functions. Therefore, the system comprises many different components. Before replacing the entire HVAC system, consult a professional. They advise you best on what to repair or replace. At times, you may only need to replace a certain part of the HVAC system. Consequently, you may end up saving thousands of dollars on a replacement. Let’s look at the costs required to replace different parts of an HVAC system.
Occasionally, you may have to replace your air conditioner. This is when the air conditioner is not able to keep your entire home cool. Expect to spend approximately $3,350 to $6,000 to install a new air conditioner. The price varies depending on the air conditioner unit you choose.
A heat pump is one of the most important parts of an HVAC system. Its main function is to transport air from a cooler place to a warmer one. Most heat pumps use thermal energy to do this. After several years of use, your heat pump may not be able to heat the air properly. So, you’ll have to replace it. Expect to spend about $4,000 to $8,000 replacing a regular heat pump. If you are replacing a geothermal heat pump, expect to spend $15,000 to $35,000. Although expensive, a geothermal heat pump helps you save on energy costs in the long run.
Most HVAC systems have a gas furnace that uses fuel to heat an entire house. More often than not, you’ll spend approximately $1,800 to $4,000 on replacing a gas furnace.
As the name suggests, an oil furnace uses oil to heat your entire house. It costs about $4,200 to $6,900 to replace an oil furnace. Installers are likely to charge more for replacing an oil furnace. This requires more work since they’ll have to install an exhaust system and a chimney. Also, note that oil furnaces are more expensive compared to electric furnaces.
An electric furnace is less costly compared to both an oil and a gas furnace. It costs approximately $1,600 to $2,500 to replace an electric furnace. Although these systems are affordable, you’ll end up paying massive electricity costs in the long run.
HVAC installation costs thousands of dollars. Thus, hiring a reputable HVAC installation company like Bishops HVAC is essential. We have highly experienced and trained professionals who deliver quality HVAC installation. We focus on meeting all your requirements. Contact us today!