Furnace Prices In 2023 | Toronto & GTA

Furnace prices Toronto 2023

Are you looking for a new furnace in Toronto? Our comprehensive guide to furnace prices in Toronto will help you understand the factors that impact the cost of a new furnace and installation, including the size of the furnace, its efficiency rating, and the complexity of the peojct. Get started by comparing quotes from local heating and cooling contractors and find the best furnace for your home and budget.

There are many factors to consider when choosing a home furnace, including the home’s size, the climate in which the home is located, and the homeowner’s budget. It’s also important to consider the energy efficiency of the furnace, as this can have a big impact on energy bills and the carbon footprint of the home.

In Toronto, it is important to choose a furnace that is capable of effectively heating the home during the colder months. This may require a more powerful furnace with a higher efficiency rating.

Many reputable brands offer a range of furnace models that may be suitable for a home in Toronto. Some popular brands include Amana, Trane, Lennox, and Carrier. However, it is advisable to research and consult a heating and cooling professional to determine the best furnace for your specific needs and circumstances

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Furnace Prices In Toronto & GTA

The cost of a furnace and installation can vary widely depending on several factors, including the size, its efficiency rating, and the complexity of the installation. In Toronto, the average cost of a new furnace and installation can range from around $3,000 to $7,000.

It’s important to remember that the initial cost of a furnace is just one factor to consider when choosing a new furnace for your home. The operating costs of the furnace, including energy consumption and maintenance costs, can also significantly impact the overall cost of owning a furnace. However, energy-efficient furnaces tend to have lower operating costs and can save homeowners money on their energy bills in the long run.

It’s a good idea to get multiple quotes from heating and cooling contractors in your area to get an idea of the cost of a new furnace and installation in Toronto. This will help you to compare prices and choose a furnace that meets your needs and budget.

Furnace Installation Cost Calculator

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Buying a New Furnace in Toronto – 5 Factors To Consider

Here are some tips to help you purchase a new furnace in Toronto.

  1. Determine your heating needs: The first step in buying a new furnace is assessing your needs. Consider the size of your home, the climate in which you live, and your budget. You’ll want to choose a furnace that is appropriately sized for your home and meets your heating and budget needs.
  2. Consider energy efficiency: Energy efficiency is an important factor to consider when choosing a new furnace. Energy-efficient furnaces have lower operating costs and can save you money on your energy bills in the long run. Look for a furnace with a high AFUE (Annual Fuel Utilization Efficiency) rating, which indicates how much fuel the furnace uses is converted into heat.
  3. Shop around: It’s a good idea to get quotes from multiple heating and cooling contractors to compare prices and get a sense of the cost of a new furnace in Toronto. Don’t be afraid to negotiate or ask for discounts, as you may be able to get a better deal.
  4. Consider financing options: If a new furnace is a concern, you may consider financing options to help spread the cost over time. Many heating and cooling contractors offer financing options that make it easier to afford a new furnace.
  5. Choose a reputable contractor: It’s important to choose a reputable heating and cooling contractor to install your new furnace. Look for contractors with good reviews and a history of reliable service. It’s also a good idea to ask for references and to get everything in writing to protect your interests.

By following these tips, you can find the right furnace for your home and budget and ensure that it is installed correctly by a reputable contractor. With the right furnace, you can enjoy reliable, efficient heating for years to come.

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In Toronto, several rebate programs may be available to help offset the cost of a new furnace. However, these programs can change over time, so it’s a good idea to check with your local utility company or a government agency to see what rebates are currently available. Some options that may be available include the following:

  • Enbridge Gas Rebate Program: This program offers rebates for purchasing and installing energy-efficient natural gas furnaces and other heating equipment.
  • Union Gas Rebate Program: This program offers rebates for purchasing and installing energy-efficient natural gas furnaces and other heating equipment.
  • Save on Energy: This program, which the Ontario government runs, offers rebates and incentives for energy-efficient home improvements, including the purchase and installation of energy-efficient furnaces.

It’s important to note that rebate programs may have specific eligibility requirements and may be subject to change. Be sure to check the terms and conditions of any rebates you are considering to ensure you are eligible and to understand any requirements that must be met to receive the rebate.

Ontario Furnace Rebates, Incentives & Government Loans In 2023

Furnace rebates can help homeowners save money on purchasing and installing a new furnace. Utility companies and government agencies typically offer rebates to encourage energy efficiency and reduce energy consumption.

In 2023, the Ontario government offers several rebate programs that may be available to help offset the cost of a new furnace. These programs are promoted through local hydro & energy companies in Ontario, such HydroOne, Enbridge & Union Gas. However, they can change over time, so it’s a good idea to check with your local utility company or a government agency to see what rebates are currently available. Some options that may be available include:

  • Enbridge Gas Rebate Program: This program offers rebates for the purchase and installation of energy-efficient natural gas furnaces and other heating equipment.
  • Union Gas Rebate Program: This program offers rebates for the purchase and installation of energy-efficient natural gas furnaces and other heating equipment.
  • Save on Energy: This program, which is run by the Ontario government, offers rebates and incentives for energy-efficient home improvements, including the purchase and installation of energy-efficient furnaces.

It’s important to note that rebate programs may have specific eligibility requirements and may be subject to change. Be sure to check the terms and conditions of any rebates you are considering to make sure you are eligible and to understand any requirements that must be met in order to receive the rebate.

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Ontario Heat Pump Rebates: How Much Can I Qualify?

Heat pump rebates are offered by the Ontario government as a way to encourage homeowners to install energy-efficient heating and cooling systems. Heat pumps are a type of system that uses electricity to transfer heat from one place to another, and they are typically more energy-efficient than traditional heating and cooling systems.

Here are a few things you should know about Ontario’s heat pump rebates:

  1. Rebates are available for the purchase and installation of eligible air source and ground source heat pumps.
  2. Rebates are available to homeowners, businesses, and non-profits.
  3. Your heat pump must meet certain energy efficiency requirements to be eligible for government rebates. The systems are also required to be installed by a licensed contractor.
  4. Rebates are available on a first-come, first-served basis and are subject to availability.
  5. Rebates may vary depending on the type of heat pump and the size of the system.
  6. To apply for a rebate, you will need to provide proof of purchase and installation and other required documentation.

Installing an eligible heat pump can save money on your energy bills and reduce your carbon footprint. To learn more about Ontario’s heat pump rebates and to see if you are eligible, visit the Save on Energy website or contact your local utility company.

Are You Looking to Replace Your Heating or Air Conditioner?

Call Us Now (416) 736-7001

Contact us today to buy your next HVAC system!

Our Qualifications

TSSA Certified
wsib ontario
Home Depot
HRAI
City of Toronto
Yellow Pages
Trusted Pros
Google Guaranteed
Nest Pro
The Best Toronto
Save Energy
Enbridge

Our Qualifications

Are You Looking to Replace Your Heating or Air Conditioner?

Call Us Now (416) 736-7001

Contact us today to buy your next HVAC system!

Our Qualifications

TSSA Certified
wsib ontario
Home Depot
HRAI
City of Toronto
Yellow Pages
Trusted Pros
Google Guaranteed
Nest Pro
The Best Toronto
Save Energy
Enbridge

Our Qualifications