Simple, long-lasting and cheaper upfront that other heating options, modern electric furnaces are descendants of the arc furnace, designed in 1879 by German-born British inventor Sir William Siemens. An estimated 10 to 15 percent of U.S. homes use an electric furnace as their primary heat source.
Is an electric furnace expensive to run?
While the up-front costs might be tempting, electric furnaces cost more to operate monthly. Electricity is more expensive per unit than natural gas, making the lifetime cost higher than gas heating. Electric heating takes more time. The heat from your furnace won’t reach the high temperatures of a gas furnace.
Are electric furnaces any good?
Electric furnaces tend to be quieter, more durable, and longer lasting than gas furnaces. The Entek Corporation, an HVAC company in Longview, Wash., says electric models are usually rated for 20 to 30 years, compared to 10 to 20 years for gas models. … Electric furnaces are highly efficient.
How much does an electric furnace cost?
Average cost: $1,200 – $5,975
Electric furnace prices can range from $850 to $1,500. A new electric furnace cost to install can range from $1,200 to $5,975. Total costs vary by local labor rates, brand choice, and a few other factors. However, electric furnaces have higher operational costs than gas furnaces.
Are electric furnaces cheaper than gas?
Generally, the cost of an electric furnace is lower than the cost of a gas furnace. While your initial investment will be lower at time of purchase, the cost to operate the furnace will be longer for an electrical furnace in the long run.
Can you replace a gas furnace with an electric furnace?
Gas furnaces cannot be converted to electric systems. A true furnace conversion is designed to keep the primary components of the furnace but change a few smaller parts so a different fuel can be used.
How long does an electric furnace last?
A gas furnace on average lasts between 15 and 20 years. An electric furnace lasts between 20 and 30 years.
Do electric furnaces have exhaust?
Electric furnaces last longer
On the plus column for electric furnaces is their longevity. Because furnaces do not use combustion gas or vent exhaust, they will not suffer from the same aging as a gas furnace, and consequently will last for more years (provided they have regular maintenance).
How much does an electric furnace cost a month?
Electric furnace replacement costs $1,900 to $5,600 installed on average. New electric furnace prices are $1,000 to $3,500 on average for the unit and parts, plus $800 to $2,500 for installation labor. Operating costs to run an electric furnace are $130 to $180 monthly on average.
What size electric furnace do I need for a 2000 square foot home?
Quick View – Recommended Electric Furnace Size at a Glance
|Room Size||Electric Furnace Size for Hot Climate (Zone 1&2)||Electric Furnace Size for Warm Climate (Zone 3)|
|1,500 sq ft||14 – 16 kW||16 – 18 kW|
|1,600 sq ft||15 – 17 kW||17 – 19 kW|
|1,800 sq ft||16 – 19 kW||19 – 22 kW|
|2,000 sq ft||18 – 21 kW||21 – 24 kW|
Are new electric furnaces more efficient?
More efficient, but costs more to run
While electric furnaces are far more efficient at converting their energy source (electricity) into heat than other types of furnaces, this efficiency is counterbalanced by the market prices of each energy source.
Is it hard to install an electric furnace?
Installing a new electric heater is labor-intensive, so count on paying out for three to four hours of labor for a replacement unit and eight to 12 hours for a brand-new unit. … The total labor cost is $300 to $800 for replacing a unit and $400 to $2,000 for installing a new furnace.
Does an electric furnace need to be vented?
Pros and cons of an electric furnace
Electric furnace pros: Because an electric furnace does not need to be connected to a gas supply and does not need a venting system for fuel-burning byproducts, it is generally less complicated and a bit less expensive to install.
How much does electric heat cost in the winter?
Nearly half of U.S. households heat their homes with natural gas, and they will pay 30% more on average this winter, while homes warmed with electricity will pay 6% more, according to the Energy Information Administration’s “Winter Fuels Outlook.” It will cost $746 on average to heat homes with natural gas this winter, …
What’s more efficient gas or electric furnace?
An electric furnace is the more efficient of the two. It may have an annual fuel-utilization-efficiency (AFUE) rating as high as 100 percent. Gas furnace ratings range from 55 to 97 percent. … The higher cost of a more efficient gas system will most often be offset by lower fuel costs in regions with harsh winters.