Heating companies in Calgary often dictate the cost of furnace installation. Naturally, the company performing the work will understand the actual value of it, and they can set their rates accordingly. However, there is also a market value to consider for furnace installation as well, which causes the prices to fluctuate but still maintain a common thread throughout each company.
Although, it is worth noting that the same factors for each company often influence the average price. These factors include items like the cost of the furnace, the home of installation, and more. Let’s look at a few of these factors in-depth to understand how furnace installation costs are truly determined.
Furnace Installation Cost Factors
The Size of the Furnace
One of the first costs that you must consider is the furnace itself. There are a wide variety of products available in the furnace market, and each of them has their own set of unique features and functions that entice users. While you may not have a great deal of selection in your own furnace, you should understand that the cost changes depending on the size.
Of course, it is understandable for you to consider the above statement, and wish for the smallest furnace in order to keep the costs minimal. However, that is the wrong decision. The key distinction between the sizes of furnaces is their energy generation. The measure of energy generation is British Thermal Units (BTUs), and as a fun fact, one BTU is the measure of how much energy it takes to raise the temperature of 1lb of water by 1°F.
Why are BTUs so important? The answer is that the larger your home, the more energy you need to heat it properly. Therefore, you will have a minimum range of furnace capability to get the most out of heating your home.
The Purchase of the Furnace
Another important consideration for your furnace installation costs is your financing options. Due to the fact that furnace installation usually ranges in price from $3,000 to $7,000, it is understandable if you cannot afford to purchase the installation outright. In these circumstances, many people will choose a financing option to get the installation completed. Still, depending on the circumstances, this method can actually end up costing you more in the long run.
Interest rates and credit scores can both play a role in the financing options available to you, but working closely with your heating company in Calgary will ensure that you understand the financing process completely, and are informed about the right route to take.
When you need a plumbing and heating company in Calgary, turn to Western Canadian Furnace Company. We have some of the most experienced technicians and use the most modern equipment for all of your needs. Contact us at 403-531-6181 or send an email to [email protected].