Q:

How much does an electric furnace cost to install?

A:

Quick Answer

According to Angie's List as of March 2015, electric furnaces typically cost between $1,000 and $2,000 to install, which is significantly cheaper than other types of furnaces. However, electric furnaces are generally more expensive to run than fuel-fired furnaces.

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Full Answer

Because gas and oil furnaces need proper ventilation, they cost more to install, but they are generally cheaper to run. Gas furnaces, in particular, offer the most efficient heating available for homeowners looking to avoid boilers. However, in relatively temperate areas, heat pumps offer more efficient heating and cooling than other options. Although they cost more to install, homeowners in areas where the temperature rarely drops below freezing can often recoup the installation cost of a heat pump in a short period of time.

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