Heating
Published on: Feb 02, 2024

How Much Does a Furnace Repair Cost in 2024

Words by: Andrew Foong

It can be difficult to navigate through furnace repair prices, particularly if you have a breakdown in the midst of winter. With any luck, this book will provide you a thorough grasp of what to expect to pay for furnace repairs in 2024, as well as information on how to maintain and repair your furnace.

Understanding Furnace Repair Costs:

Depending on the type of furnace you use. The price of furnace repairs might vary based on a number of variables. Homeowners should budget $100 to over $1,200 for modest repairs and $1,000 or more for complicated problems. In that case, replacing a new furnace may be necessary, which would last you way longer than repairing it occasionally. Here’s a closer look at the factors that affect these prices:

  • Replacement Parts: The cost of parts varies with the brand and complexity. Some parts are more expensive due to their function or design.
  • Labor Expenses: The expertise and experience of the technician play a role in the cost. Emergency or after-hours repairs typically cost more.
  • Type of Furnace: Gas, electric, and oil furnaces have different repair costs. Learn more about each type on our here.

Common Furnace Components Costs and Repairs:

Some Issues that come up when a furnace is not functioning properly or when it stops working, there are ways you could fix your furnace yourself. Check if these issues below are your culprit to your heating issues, the prices below reflects cost of parts and labor as well:

  • Blower Motor ($750-$2,500): Essential for circulating air through your HVAC system. Repair costs can vary widely depending on whether a simple repair is sufficient or a complete replacement is needed.
  • Heat Exchanger ($100-$1,500): A crucial part that transfers heat to the air in your furnace. Repairs can be expensive, especially if a replacement is necessary due to cracks or damages.
  • Circuit Board ($600-$1,200): Acts as the brain of the furnace, controlling its functions. Susceptible to damage from moisture and electrical issues, which can lead to costly repairs or replacements.
  • Thermostat ($200-$1,200): Regulates the temperature in your home. Issues with the thermostat can cause inefficient heating and may require repair or replacement.
  • Transformer ($450): Converts high-voltage electricity to a lower voltage suitable for your furnace. Repairs are generally needed if there are power supply issues.
  • Burners ($500): The component where gas and air mix and ignite to produce heat. Clogging or malfunction can lead to inefficient heating and may require cleaning or replacement.
  • Draft Inducer Motor ($900-$1,500): Helps in venting exhaust gases from the furnace. Repair or replacement is needed if it fails to create a proper draft for exhaust gases.
  • Gas Valve ($750-$1,500): Regulates the flow of gas into the furnace. A malfunctioning gas valve can hinder the furnace’s ability to produce heat and may need repair or replacement.
  • Ignitor ($350): Responsible for igniting the gas in the furnace. A faulty ignitor can prevent the furnace from starting and usually requires replacement.
  • Heat Strips ($700-$1,100): Used in electric furnaces to generate heat. If they fail, they typically need to be replaced.
  • Sequencer ($300): In electric furnaces, it stages the heating elements to prevent overloading the electrical system. A faulty sequencer may cause issues with heating cycles.
  • Pressure Switch ($300): Ensures safe operation by confirming the correct venting of exhaust gases. If faulty, it requires replacement for safety reasons.
  • Smart Valve ($800-$1,200): An advanced gas valve with an integrated circuit board. Repair can be complex and costly, often requiring specialized parts.
  • Flame Sensors ($100-$300): Detects whether the burner flame is lit. Cleaning is usually straightforward, but replacement is necessary if the sensor is damaged.
  • Furnace Filter ($1-$35): Filters air entering the furnace. Regular replacement is necessary to maintain air quality and efficiency.

Common Furnace Repair Costs:

Here’s the breakdown cost on furnace repairs:

  • Minor Repairs ($100-$300): This category often includes minor electrical repairs, thermostat adjustments, flame sensor cleaning, and standard filter replacement. These are typically easy solutions that do not necessitate substantial labour or pricey parts.
  • Intermediate Repairs ($300-$600): This category includes more involved jobs such as repairing or replacing faulty ignitors, repairing moderate ducting difficulties, or resolving problems with the furnace’s fan or belt. These fixes may take longer and require more technical skill.
  • Major Component Repairs/Replacement ($850-$3,500): This higher price range is often associated with significant repairs or the replacement of key furnace components. This includes replacing the blower motor, fixing the heat exchanger, or dealing with complex circuit board issues. These types of repairs are more labor-intensive and require more expensive parts. In some cases, it could be better to replace a whole new system that would last you for up to 15 years instead!

For specific details about each type of repair and to understand what your furnace might need, visit our dedicated Furnace Repair page on Peak Heating and Cooling’s Website. Here, you can find comprehensive information about our services, ensuring that you make an informed decision about your furnace’s maintenance and repair needs.

Why Opt for Professional Furnace Repair?

  • Safety First: Furnaces involve electricity, gas, and complex mechanical components. Mishandling these can lead to safety hazards, including carbon monoxide leaks or electrical fires.
  • Expert Diagnosis: Our technicians bring expertise and specialized tools to diagnose issues accurately. What might seem like a minor issue could be a symptom of a deeper problem.
  • Warranty Preservation: DIY furnace repairs can sometimes void furnace warranties. Our professionals ensure that all repairs are compliant with warranty terms.
  • Long-Term Cost Savings: While DIY may seem cheaper upfront, incorrect repairs can lead to more significant problems down the line. Professional repairs ensure the job is done right the first time, saving you money in the long run.

The Importance of Regular Furnace Maintenance: Extending the Lifespan of Your Furnace

Regular maintenance is the key to ensuring your furnace operates efficiently and has a long life.

  • Preventative Care: Regular furnace check-ups can identify potential issues before they become costly repairs, keeping your system running smoothly and preventing unexpected breakdowns.
  • Improved Efficiency: Maintenance includes cleaning and adjusting various components, which can improve overall efficiency, leading to lower energy bills and a smaller carbon footprint.
  • Extended Lifespan: With proper maintenance, a furnace can last well beyond its expected lifespan, saving you the expense and hassle of premature replacement

Discover the full range of our maintenance services on our Annual Furnace Maintenance page, where you can learn about our comprehensive maintenance plans tailored to fit all budgets and needs. By entrusting your furnace to our care, you ensure a warmer, safer, and more efficient home.