Pick Right Furnace to Save Money
Gas vs. Electric: Which Furnace Saves More?

November 16, 2019

If you live in Jacksonville, Florida, you don’t use your heating system as much as people up north. But you’ll still want to save money when you have to use it. Let’s look at whether you save more with a gas or an electric furnace and where to go for the best installation services.

Gas Furnace Installations Cost More Upfront

The first thing to consider when deciding between a gas and electric furnace is the upfront cost. The total cost includes the price of the system and the installation. The cost of a gas furnace can range anywhere from $1,200 for the unit to $4,000 or more for the unit and installation.

Electric furnaces are a popular alternative to gas, and they carry a relatively low upfront cost. These units can range anywhere from $400 to $1,000, with a midrange average unit cost of around $650. The upfront purchase and installation cost of an electric furnace is certainly less than that of a gas unit.

Electric Furnaces Cost More to Operate

This is where gas furnaces shine. Running an electric furnace can cost as much as 2.5 times more than a gas model. This naturally can vary by time of year and the costs of gas and electric in your individual area. But for the most part, a gas furnace is without question cheaper to run than an electric one. But when you live in Florida and rarely use your furnace, this operational cost doesn’t make a big difference.

Lifespan

Finally, consider how long the furnace will last and how often you’ll need a replacement. The edge here goes to electric. Gas furnaces have an estimated lifespan of around 10 years. But if properly maintained, they can last 25 years or more. This also requires regular maintenance, which does carry a nominal cost. However, electric furnaces require little to no service or maintenance and will last for a very long time.

If you’re in the Jacksonville area and you need a new furnace installation or service, Ocean State Air Conditioning & Heating can help. Give us a call today at (904) 574-5619.

Image provided by iStock

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