Costs to Look Out for When Installing an HVAC Unit

Find out which heating and cooling system is best for your home and your budget.

Like many other appliances, choosing an HVAC system is a large investment for the home that should be given plenty of thought before deciding on the winning unit. Think about some of the benefits you want out of a system -- do you want a more energy-efficient home? Do you live in a colder region that needs a lasting heating solution? There are several questions you will want to ask when determining what kind of system is best fit for your home. Additionally, it is important to be aware of the different kinds of costs that come with the HVAC installation process. Here's the rundown of HVAC systems to keep in mind when choosing a new unit.

Heat Things Up With Furnace Installation

When you have to brave a chilly winter, you'll want to be prepared with the right heating unit. Before installing a furnace, evaluate two main factors: furnace efficiency and labor costs. The federal government recommends high-efficiency furnaces that run close to about 95 percent efficiency as the best option for homeowners. Calculating the efficiency of your furnace options requires a detailed equation based on your current energy bill, cost of energy in your area, and more. We suggest contacting a local HVAC contractor to not only help you calculate the level of efficiency, but also to help you determine what furnace is right for your home.

Electric Furnace

Because electric furnaces are fairly easy to maintain and do not require special venting and pipes as gas furnaces do, installation is typically less expensive. However, electric furnaces have proven to be the least energy-efficient option available. So if you're looking to lower those monthly energy bills, an electric furnace may not be your best bet. However, if you live in a warmer region that does not require a heavy amount of use from the heater, an electric furnace may be a good fit.

Gas Furnace

Although installing gas furnaces costs more initially, they are much more energy-efficient than other heating alternatives and can save you money in the long run. Additionally, these furnaces can heat up very quickly, which is a huge benefit for those seeking warmth during a cold winter. If you live in a region that requires more frequent use of the heater, a gas furnace will be much more energy-efficient.

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Cool Off With Air Conditioner Installation

Having an air conditioning unit proves to be worth every penny once the warm summer months roll around. On average, installing an air conditioner will cost about $5,000, depending on the type and size of the unit itself.

Window Air Conditioner

Window air conditioning units are generally best for smaller homes. Because they are less powerful than other units, window air conditioners are on the lower end of HVAC prices, ranging anywhere from $150 to $300 for installation.   

Central Air Conditioner

If your home has multiple rooms or levels, a central air system will most likely be the best choice. Although central air systems are pricier than window units, ranging from $500 to $4,000, they are more powerful and efficient in cooling down a home. Central air systems control the entirety of a home's air conditioning and are usually installed with a heating unit to create a combined heating and cooling system.

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Split System HVAC

Split systems include both heating and cooling in the same unit, so they tend to run more efficiently than other systems. When installing a split system HVAC unit, there are specific instructions for how the connecting lines and wires must run, which may result in having to make changes in or outside of the house to accommodate. Because of the complicated installation process that may require more renovation, split systems tend to be a bit more expensive than the average HVAC unit.

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Other Solutions for Heating & Cooling

Choosing a specific type of heating or cooling unit is dependent on several different factors of your home -- from the climate that you live in to the size of your home. Be sure to ask your local HVAC contractor about additional trends for air conditioning and heating that you may want to consider having installed.

Geothermal Heating and Cooling

Geothermal heating and cooling involves innovative technology that takes natural heat straight from the earth and conducts it into the home. These units are the most environmentally friendly option available, but also happen to be the priciest, ranging anywhere from $4,500 to $6,000 for a unit.

Attic Fans

Attic fans are great options for homes in regions that do not experience intense winters. Attic fans are perfect for clearing out humidity in the home and can also help cut down the air conditioning bill during hotter months. You can have an attic fan installed for as little as $350, making it a relatively affordable option for warmer climates.

Electric Baseboard Heaters

Electric baseboard heaters do a great job keeping a smaller home or apartment warm at an affordable price. However, because of the additional electric work that is required, the installation cost can add up.

Radiant Heating

Radiant heating is typically installed underneath flooring that gets cold easily, such as tile or stone. Since professionals must remove and reinstall your flooring, this job can easily cost up to $5,000 depending on the amount of heating you want to have installed.

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