A typical gas furnace costs between $2,300 and $3,000, while the average price of electric furnaces is between $1,000 and $2,500.
Many look at the upfront cost and think an electric furnace is what they want, but we’ll soon see that’s often not the right choice.
Heat is measured using British Thermal Units (BTUs).
The most common way to measure heating costs is to find the cost to heat 1,000,000 BTUs.
An average home will require anywhere from 50,000,000 to 150,000,000 BTUs to heat during winter.
Utilities use a unit called “therms” to measure natural gas consumption.
100,000 BTUs equal one therm, so ideally, it would take 10 therms to equal 1,000,000 BTUs.
However, furnaces are not 100% efficient. At a more typical efficiency of 80%, it would take 12.5 therms to equal 1,000,000 BTUs.
At the recent price of $2.34 dollars per therm in Ohio (1000 cubic feet = 10 therms), and an efficiency of 80%, it would take $29.21 to heat 1,000,000 BTUs.
Using last year’s average prices for winter drops the price down to approximately $0.75 cents per therm, taking heating costs down substantially to $9.37 per 1,000,000 BTUs
Electric heaters take 293 kiloWatt hours (kWh) to produce 1,000,000 BTUs at 100% efficiency, which is typical. With recent Ohio prices around 12.21 cents per kWh, this comes to around $35.78 for 1,000,000 BTUs.
The fuel cost monthly is lower using natural gas, and depending on the price, it can be substantially cheaper.
The recent trend of lower gas prices in the winter increases the amount you can save by going with natural gas heating over electricity.
If you plan to stay in your home for any length of time, the saving will offset the initially higher cost of purchasing a natural gas furnace.
Do you have questions about your heating system? Contact us at Sears Heating and Cooling for help maintaining your current furnace or advice on purchasing a new unit.
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A five star review does not begin to explain the experience we had today. To start the first gentleman to come diagnose the air conditioning issue we were having was down to earth and most importantly honest. He gave different options as well as his opinion. After weighing pros and cons we went with the complete new unit. They came out on the day and time as promised. They introduced themselves and we walked them to the basement and they quickly got to work. They wore booties on their shoes (not at our request, but rather a courtesy) acknowledged my children and dogs which is huge to me then went over everything as they were removing and installing. Cleaned up like they were never here, set everything up for us and made sure it was working properly as designed. Huge shout out to SHC and will 100% be recommending to neighbors.
Adding on to my initial review of Sears from my experience last year since it does not appear Google allows me to just add a new review. I will keep this one short since it just reinforces the previous 5-star review I left. Again had an A/C problem after hours (this time a Sunday evening, 6:00ish or so). Called Sears and had the on-call tech paged. He called back so quickly, I almost didn't answer b/c I didn't recognize the number and it didn't click that I would get a call back so fast. Did not go with the after hours call out, but was set up with an appointment the next day. Joel T. was sent out and did a great job in diagnosing the issue. Unfortunately, the issue is not worth repairing b/c of the cost vs age of the unit; however, it can limp along for a little while longer while I thoroughly weigh my replacement options. Joel provided replacement estimates at a few different cost points, understood my need to call around for multiple estimates before deciding, and even called back later in the day to advise the office located one other lower cost option he previously thought was not available. Through all of this, Joel presented everything matter of fact - it was not a high-pressure sale pitch, proclamations of doom and gloom if I didn't commit to replacing right away, etc. Just good conversation about my options through Sears.Last night around 9:45 I realized my A/C was not working. Neighbor recommended Sears Heating and Cooling (not Sears and Roebuck, she made sure to mention). I called and spoke with a very nice lady who advised the on call tech was only on call until 10:00 and offered to page him for me. I was not sure if I wanted to have the tech paged so close to quittin' time, but she assured me it would not be a problem. So, the page went out around 9:57, and I got a call back at 10:00. We discussed the issue and the offer was made to come out in that night, but I declined. The on call tech entered my information and said the office would give me a call between 8 and 10 in the morning to schedule something. At about 8:05 the office called and said someone would be out between noon and 6. Turns out, the tech (Austin) finished up a nearby job around 10:45 and was at my house by 11:00. He quickly diagnosed the problem, presented the repair options, and helped walk me through deciding the route to take. While he advised there were several levels of repair options, he went over the lowest cost one and the next level up with a better replacement part and warranty only. He felt given the age of the unit and the cost after the 2nd repair option, it made no sense to discuss the higher cost options because they just were not worth it.Long story short, Sears Heating and Cooling was very courteous, professional, helpful and better than on time. I am thankful for the neighbor's recommendation and understand why she has used Sears for 20 years. I asked Austin about the service club and he provided very good information about it, presented a valid points on why it is a good idea and recommended I call the office to discuss further if I had more questions. He did not try to push it on the spot, which was appreciated. I have seen other reviews about the cost of Sears, but I have also seen the response that they strive to be competitive, not the most expensive - not the cheapest, but the best value. This is a strategy I agree with, it is not always about being the cheapest...it's about providing the best bang for the buck, and Sear accomplished that for me today. Prompt service, reasonable cost, and most importantly, I am sitting in a cool living room on a hot, humid evening.
Heating maintenance. I feel so blessed to have this company in my life. Josh/Sears go above and beyond to take care of our maintenance/installation needs and more.Annual A/C maintenance. I’ve used this company for years and the young man initiate helpful suggestions.7-6-2023 - I had my annual A/C cleaning/maintenance check. I’ve used this company for years and I have been pleased each time. The young man that performed the service was very kind and I felt that Ramon is very competent.