Realizing you need a new furnace can be stressful. You need heat, and fast, but the cost of replacement can be daunting.
If that’s where you find yourself, New England Smart Energy Group is here to help. We install high-efficiency heating and cooling systems in New Haven homes and can recommend a solution that fits your needs and your budget.
Keep reading for a full breakdown of furnace replacement costs, the best replacement options, and rebates that can make it more affordable.
How Much Does It Cost to Replace a Furnace in New Haven?
Furnace replacement costs can range from a few thousand dollars to $10,000 or more, depending on a variety of factors. Because every home is different, the best way to understand your cost is with a personalized estimate. Reach out to us today to get started.
Factors Influencing Furnace Replacement Costs
- Replacement System – The equipment you choose will impact your overall cost. We typically recommend replacing gas furnaces with high-efficiency heat pumps, which come in a range of makes and models, all at different price points.
- Home Size – Large homes need bigger heating systems, which increases costs. Smaller homes can be heated by a smaller system, reducing costs.
- Installation Complexity – If your installation requires additional work, like duct repairs or electrical upgrades, it will add to the cost.
- Incentives – Incentives can bring down your furnace replacement costs if you choose to install a high-efficiency heat pump. Income-eligible homeowners in New Haven may be eligible for a no-cost heat pump installation to replace a gas furnace.
Best Replacement Options for a Gas Furnace in Connecticut
We typically recommend replacing your furnace with a heat pump. Heat pumps are more energy efficient than gas furnaces and reduce fossil fuel consumption. Plus, they can heat and cool, so you’re getting a new heating system and a new air conditioner for the price of one.
Heat pump installation costs are typically comparable to high-efficiency furnace installation costs, plus they qualify for rebates.
There are two types of heat pumps to consider:
Central Heat Pump
In most cases, a central heat pump is the best furnace replacement option. That’s because a central heat pump can connect to the same air duct system your furnace uses. It will deliver heated and cooled air throughout your home using the air ducts and vents for centralized heating and cooling.
Ductless Heat Pump
If your home doesn’t have air ducts or they are in poor condition, a ductless heat pump may be a better option. Ductless heat pumps (aka mini splits) don’t connect to air ducts. Instead, they deliver heated and cooled air directly into the room they’re installed in.
Utility Rebates for Furnace Replacement in New Haven, CT
Replacing your gas furnace with a heat pump is more affordable than you may think, thanks to Energize Connecticut℠ rebates and a New Haven city grant.
Income-eligible homeowners in New Haven may qualify for no-cost heat pump installations plus added incentives for barrier upgrades, like electrical system improvements.
All other homeowners in Connecticut may be eligible for Energize CT heat pump installation rebates, which vary by home. Affordable financing is also available to most homeowners.
At New England Smart Energy Group, we are rebate experts. We’ll identify which incentives you’re eligible for and take care of the paperwork for you.
