What is the Average Cost of a New High-efficiency Furnace in Alberta?

The cost of a new high-efficiency furnace in Alberta typically ranges from $3,500 to $8,500, depending on the type of system and its performance features. This estimated price includes both the equipment and professional installation.

Costs vary based on the specific technology of the furnace:

• Single-Stage Furnaces (93–95% AFUE): These are the most budget-friendly options, typically costing between $3,500 and $5,000. They offer annual energy savings of approximately $150–$250 compared to older models.
• Two-Stage Furnaces (96–97% AFUE): These provide more consistent comfort and are priced between $4,500 and $6,500. Performance at this level usually qualifies for most rebate programs and saves an estimated $250–$400 annually.
• Modulating Furnaces (Up to 98% AFUE): Designed for maximum efficiency in cold climates like Calgary, these units cost between $6,000 and $8,500. They offer the highest energy savings, estimated at $350–$500 per year, and qualify for maximum rebate amounts.

Total installation costs can also be influenced by factors such as the size of the unit (measured in BTUs), necessary ductwork or venting modifications, and required permits. Additionally, homeowners can often offset these costs through federal, provincial, or utility-based gas furnace rebates available in Alberta.