Your furnace is an essential system in your home. It can quickly turn a night out in the cold into an unpleasant experience if it breaks down. Fixing a furnace depends on the furnace type, the broken components, and service provider costs. So budgeting before going for a Furnace repair can be an intelligent step. Thankfully, you can shop for estimates from competent service providers like The Hvac Service. Here’s everything you need to know about the costs of fixing a furnace

It Depends On Your Furnace

It depends on the furnace that you have. If you have a gas furnace, it will be more expensive than repairing an electric one. However, replacing an old and worn-out furnace is more expensive than repairing it. But if you only need to replace part of your furnace, it can be much cheaper than buying a whole new unit.

So how can you figure out what type of furnace you have? First, look for the markings on the casing of your furnace. They may also be above the walls in the basement or garage. These are usually easy to find by following the pipes that lead back into the house through holes in the ceilings or floors above these areas.

Cost Depends On The Make, Model, Or Product Age 

As mentioned earlier, the brand and model play a role in the price. But other factors also determine how much it will cost to repair your furnace.

For example, does your furnace still have a warranty? If so, you may be eligible for free repairs for up to five years after purchase. The same goes for regular maintenance; if your furnace has been regularly serviced by a professional and no significant problems such as repairs have yet occurred, your warranty may cover these services.

However, if your furnace is more than five years old or there is no warranty or service plan (which is unlikely), you will likely have to pay for these costs out of pocket.

Standard Furnaces: Electric, Gas, Or Oil Furnaces

Furnaces heat and circulate the air in your home. The heating system is typically used in the colder months to keep your home warm, but furnaces are also helpful in the summer when they can cool the house at night. There are three main types of furnaces: Electric, gas, and oil.

Each type has its advantages and disadvantages depending on which fuel you choose, but all three offer a similar efficiency and reliability when heating your home. 

Repair Of Furnace Depending On The Furnace Type

The cost of repairing an electric furnace is very different from that of repairing a gas or oil furnace. In case of furnace damage, contact a professional who can diagnose and repair it properly.

It’s also important to know what type of furnace you have before calling anyone. Different furnaces require different repairs and replacement parts, driving up costs.

  • Electric Furnaces

Depending on the type of electric furnace you have, you can expect to pay between $200 and $600 for repairs. If you are looking to repair (or replace) an electric furnace, it can be not easy to budget for the cost of an electrician. The good news is that there are a few things you can do to get a better idea of how much your bill will be before calling in a professional.

First, find out what type of electric heater you have and get estimates for the repair. Ensure the assessment includes labor and parts, so you know exactly how much the repair will cost and whether it’s worth spending money to fix that particular unit rather than just buying a new one.

  • Gas Furnace

These tend to be more expensive than electric furnaces. Most people pay between $300-$900, depending on the type of furnace they own. Expect to pay $1,500 or even more if it’s a newer model.

As you can see, the cost to repair your furnace depends on many different factors. If you are unsure what to do or if it’s worth it to improve your current system, you will be safer engaging a competent professional to assist you with repairs.

  • Oil Furnaces

There are two types of oil furnaces; older models and newer models. Older models cost around $300-$700, while newer models cost about $800 to over $1000. 

The cost to repair your furnace depends on a few factors. First, the type of furnace you have: the more expensive the replacement part and the more work it takes for an experienced technician to install it correctly, the higher the total repair bill. Second, whether you need new filters or other parts can also affect the cost of repairing your furnace.

Third, if there are problems with other components, such as ductwork or electrical wiring, it can significantly increase the overall cost. Finally, if you are replacing an older model with a newer one, consider purchasing one compatible with your needs and engage a professional to assist you with the selection.