On February 16, 2025 By newsroom Topic: Home Services
| Aspect | Average Cost |
|-------------------------------------|-----------------------------|
| Electric Furnace | $1,700–$7,000 |
| New Installation | $4,700–$19,100 |
| Replacement Installation | $1,300–$8,400 |
| Monthly Energy Bill | $160–$315 |
| Square Footage | BTUs | Average Furnace Cost |
|---------------------|----------------------|----------------------------|
| < 1,000 | 40,000 | $800–$2,600 |
| 1,000–1,500 | 40,000–55,000 | $900–$2,700 |
| 1,500–2,000 | 50,000–70,000 | $1,100–$2,800 |
| 2,000–2,500 | 70,000–90,000 | $1,200–$3,400 |
| 2,500–3,500 | 90,000–100,000 | $1,400–$4,500 |
Tip: Multiply your home’s square footage by 30–60 BTUs depending on climate (colder zones need higher BTUs).
| Service Type | Average Cost |
|----------------------------|-----------------------------|
| HVAC Professional (Hourly) | $50–$150 |
| Replace Furnace | $300–$800 |
| New Furnace Installation | $800–$2,500 |
| Item | Cost Range |
|----------------------------------|----------------------------|
| Electrical Circuit/Wiring | $500–$2,000 |
| Ductwork Installation | $35–$55 per linear foot |
| Building Permits | $200–$500 |
| Thermostat Replacement | $100–$250 |
| Electrical Panel Upgrades | $500–$1,800 |
| Maintenance (Annual) | $150–$500 |
| BTUs | kWh/Hour | Monthly Bill |
|-------------|---------------|----------------------------|
| 50,000 | 14.7 | ~$250 |
| 75,000 | 22 | ~$390 |
| 100,000 | 29.3 | ~$500 |
Note: Monthly costs depend on usage, electricity rates, and system efficiency.
| Installation Type | Cost Range |
|----------------------------|----------------------------|
| New Installation | $4,700–$19,100 |
| Replacement Installation | $1,300–$8,400 |
| Aspect | DIY | Professional |
|-------------------------|----------------------------|--------------------------------|
| Cost | Equipment-only ($800+) | $1,300–$19,100 |
| Skill Needed | High (permits, safety) | Expertise and licensing |
| Safety | High risk (electrical work)| Ensured compliance and safety |
An electric furnace is a clean, efficient heating solution that balances upfront costs and longevity. Proper installation and maintenance ensure optimal performance for years!