HVAC Costs Homeowners Should Know

Calling an HVAC contractor can be stressful for any homeowner – usually because of cost-related fears! Not all service calls are as expensive as you may think, and the cost of new HVAC equipment may be less than you expect. While equipment prices vary based on the model you select, and service charges differ from one company to the next, here are some average HVAC costs to give you an informed idea of the expense you may face.

HVAC Costs for New System Installations

The cost of a new HVAC system installation depends on the type of system you want to have installed, the equipment model you choose, and other factors necessary to make the installation a success. The average costs for common HVAC installations are listed below.

  • New gas furnace: $4,200
  • New electric furnace: $1,950
  • New oil furnace: $5,780
  • New air-source heat pump: $5,400
  • New geothermal heat pump: $20,000+
  • New air conditioner: $5,340
  • New ductless HVAC system: $3000 to $5000

HVAC Costs for Service Calls and Repairs

HVAC repair costs vary widely depending on what you need done. Labor, equipment, and service fees factor in to the price you pay,

  • HVAC service call: $50 to $100
  • Emergency HVAC service call: $100
  • Furnace repairs: $268
  • Air conditioner repairs: $336
  • Heat pump repairs: $348

HVAC Costs for Maintenance

HVAC costs for preventative maintenance vary from one contractor to the next. Many companies offer preventative maintenance agreements covering maintenance tune-ups for both heating and cooling systems annually. Signing up for an agreement typically offers discounts on the tune-up and may provide additional perks such as waived service call fees and priority repair service.

HVAC preventative maintenance: $150 to $425