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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.

It can cost anywhere from $150 to $1,500 to repair a furnace, depending on the issue. If you’re in the Edmonton area, the average cost to repair a furnace will be around $700.

Make sure the furnace company you choose to do your repairs is upfront with their pricing. They should be able to provide you with the price ahead of time so that you know exactly what to expect before moving ahead!

Want to save some money? Often professional heating and plumbing companies will offer a Service Partner Plan – we call ours the ProComfort Plan. This type of plan will help you keep on top of the regular maintenance your furnace needs for a fraction of the price. Regular furnace tune-ups and maintenance will help prevent any major issues, saving you from repairs and replacements that could cost you thousands of dollars! With plans like this, there is often a discount for members, meaning you’ll save money with every visit.

A residential boiler system is used to heat a household. The boiler heats water inside a tank and distributes this hot water (or, in some cases, steam) via pipes, radiators and/or a radiant in-floor system in order to heat the inside of a home. Once the water has cooled and can no longer provide heat, it is sent back to the boiler to be reheated.

Although the name might suggest otherwise, modern-day boilers do not boil water. The term boiler comes from the fact that, in the past, steam boilers were common. Steam boilers boil water in order to create steam for heating purposes. Today, however, most boilers are water heating systems that distribute hot water, rather than steam, in order to heat a house.

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.

Shopping for a new furnace and wondering what are BTUs? BTU stands for British Thermal Unit – a value traditionally assigned to heat. Technically, a single BTU is the amount of energy that is necessary to increase the temperature of one pound of water by one degree Fahrenheit at sea level. As far as a heating system goes, BTUs refer to the amount of heat that a furnace is able to output.

When it comes to furnaces, the larger the square footage that needs to be heated, the more BTUs you’ll require. For example, it’s suggested that a 1,500 square foot home has a furnace that is able to output 45,000 to 90,000 BTUs.

Heat pumps do not work in Alberta.

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.

Unless you’re a trained professional, it’s not a good idea to attempt to install your own furnace. Yes, you’ll save money now but the issues and damage that can occur from an improperly installed furnace can result in costs far beyond what you would have spent to hire professionals to do your install. 

Hiring a professional heating services provider in your area to install, maintain, and repair your furnace is always the best way to go. This will save you time and money in the long run. In addition to properly installing and calibrating your new furnace system, technicians are trained to help you find the perfect size furnace for your home. This will ensure that your furnace is not too big or too small. This, as well as the additional services provided by professional technicians during installation, including the calibration of your thermostat, will result in a highly-efficient furnace that will save you money in energy costs.

The size of the furnace you’ll need largely depends on the size of your home. Size recommendations based on square footage are:

1,200 square foot home: 36,000 to 72,000 BTUs
1,500 square foot home: 45,000 to 90,000 BTUs
1,800 square foot home: 54,000 to 108,000 BTUs
2,100 square foot home: 63,000 to 126,000 BTUs
2,400 square foot home: 72,000 to 144,000 BTUs

Other factors that affect the size of the new furnace installation you’ll need include:

• Climate zone (for example, Edmonton is in Climate Zone 5)
• Quality of insulation
• Window thickness
• Ceiling height
• Number of people living in your home
• Preferred temperature
• Size and state of the basement

For more info om furnace shopping, read our full article on “how to choose the right furnace“.