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Need a new heating system and wondering whether it’s better to rent or buy a furnace? Renting a furnace is definitely cheaper initially but is not the right option for every household.

If you rent a furnace, you will pay a monthly fee and the HVAC dealer will be responsible for maintenance and repairs. However, there are some drawbacks. It is likely that over time you will pay at least double what the furnace is worth. And, because you do not own the heating system, it does not add to the value of your home.

If you can afford to buy a new furnace this is the best option. By buying the furnace outright, you won’t pay any interest and may also be able to benefit from manufacturer or government rebates. Owning the furnace will also add to the value of your home.

Can’t decide if a furnace service plan is worth it? Beyond saving you time, money, and the headache of an unexpected furnace breakdown in the dead of winter, here are some of the benefits of a service plan:

• Identification of potential breakdowns before they occur
• Piece of mind and the ensured safety and comfort for you and your family
• Lower utility bills as a result of regular maintenance
• No premium fees for emergency service
• Automatically scheduled service – so you don’t have to worry about calling to book an appointment!
• Priority service
• Discounts on furnace services provided
• Professional services from trusted experts
• Satisfaction guarantee

The cost of furnace replacement varies depending on factors like the type of furnace, its size, labour costs, and any additional accessories or modifications needed for installation.
On average, you can expect to invest between $5,500 to $10,000+ for a new furnace, including installation. High-efficiency models or complex installations may push the cost higher.

Heat pumps do not work in Alberta alone.

While heat pumps are designed to heat efficiently and cool homes by drawing heat from the outside air during cold months and expelling hot air from inside during warmer months, their effectiveness varies based on the climate.

In milder climates, heat pumps can be an excellent alternative to traditional furnaces and air conditioners. Some homeowners even prefer them for their dual functionality. However, in colder regions like Alberta, especially places like Edmonton, the efficiency of heat pumps diminishes.

The reason? As temperatures drop, heat pumps struggle to extract enough warmth from the frigid air to heat a home adequately. In contrast, traditional furnaces are specifically designed to provide consistent and reliable heat, even in the harshest of winters. For Alberta homeowners, where winters can be particularly brutal, relying solely on a heat pump can be a gamble.

Therefore, while heat pumps might be a viable option in some parts of the world, in Alberta, a traditional furnace remains the trusted and recommended choice for ensuring warmth and comfort throughout the year. There are also other and more reliable heating and cooling solutions available to Alberta homeowners.

The cost of servicing your furnace can cost between $150 – $500 per visit, depending on what is being done and the type of furnace you have in your home.

On average, heating and plumbing companies charge a rate of $150 – $300 per hour. However, if you have a membership to a Service Partner Plan, or another annual plan, you can reduce your cost. 

By signing up for a plan with a local furnace company in Edmonton like ProSolutions Plumbing Heating & Air Conditioning, and scheduling regular servicing, you can save money on the services provided and in energy costs. 

As well as the cost savings, regular servicing will help to prevent your system from encountering any unexpected problems – especially important during the long winter months.

Check our Furnace Offers & Coupons section for deals on Furnace Tune-ups & Servicing. We always offer competitive pricing too.

There are several heating systems to choose from, including:

• Gas Furnaces: These are efficient and widely used for their affordability and heating capabilities.
• Electric Furnaces: These are suitable for areas with milder winters but tend to be less energy-efficient.
• Heat Pumps: They can both heat and cool your home, providing year-round comfort.
• Hybrid Systems: Combining a heat pump and a gas furnace for maximum efficiency in different weather conditions.
• Ductless Mini-Splits: Ideal for heating individual rooms or spaces without a central duct system.

The most energy-efficient furnace is one that is ENERGY STAR certified and has an efficiency rating of 97% or higher. When you see an ENERGY STAR symbol on your appliance, you can be certain that it has been certified as energy efficient. 

When it comes to the type of furnace, gas furnaces are typically the most energy-efficient. Although preferred in some situations, electric and oil furnaces are less efficient. Therefore, gas-powered furnaces are recommended.

The heating professionals at ProSolutions PHAC recommend the following high-efficiency furnaces:

• TRANE S9V2-VS Gas Furnace
• AirEase A97MV High-Efficiency Modulating Gas Furnace
• Goodman GMVM97 Modulating, Variable-Speed Gas Furnace

A modern, high-efficiency furnace should last approximately ten to fifteen years. This is based on the average lifespan of a furnace so it is possible that yours may last longer or need to be replaced sooner. 

The key to a long-lasting furnace is regular maintenance and upkeep. It’s important to stay on top of minor furnace repairs, tune-ups, and maintenance. Scheduling regular maintenance with a professionals heating company will help to maximize the life of your furnace and minimize the need for major repairs. This is especially true in Alberta, where cold winters can take a toll on your furnace.

A local furnace company will know how to care for your furnace in this climate and what to look for if it is having issues.