How Much Does a New Heating System Cost?

Posted: November 21, 2022

Trust Murray-Heutz with expert heating system installation!

hvac installation maine If you are considering replacing your home’s furnace or boiler, you know that you have a lot of factors to take into account when it comes to making your choice. One big factor, especially these days, is cost.

Murray-Heutz is here for you every step of the way! Not only do we do heating installation, but we also offer regular maintenance tune-ups to ensure that your system stays in good condition. Our affordable propane and heating oil service plans include a tune-up as well as coverage of many parts and labor costs for heating repairs.

Boiler & Furnace Costs

The cost of a new furnace or boiler can be worth it. An older furnace or boiler won’t run as efficiently, and so your fuel and energy bills will be higher. An older system will also cost you more in repairs.

When is it time to replace your heating system? If your repair costs will be 50% or more than the cost of an upgrade, it’s better to make the investment in upgrading a high-efficiency heating system.

How much will it cost you to replace your heating system? While there are many variables that will be at play, here are some very general average costs.

The latest data shows that the average cost to replace an oil-fired furnace runs between $2,500 and $6,000, although a high-efficiency unit might increase that cost to closer to $10,000. Boilers are a little more expensive to replace. The cost to replace a boiler system can range from $3,000 to $6,000, but a high-efficiency boiler could be as much as $12,000 to install.

Bear in mind that these numbers are national averages, and costs range from region to region. There are also many other factors that can affect the cost of your heating system upgrade, including the brand you choose, the square footage of the home, the complexity of the installation, labor costs, and the size of the heating system (in BTU power).


Not all boilers and furnaces are created equal. Some cost more than others. However, there’s more to consider than just the brand name. We’re here to help you sort through your options so that you can get the best quality heating system for your needs and budget.


The COVID-19 pandemic has disrupted supply chains across industries, and the HVAC industry is no exception. The ongoing effects of the pandemic have resulted in shortages of labor and materials such as copper and aluminum.

Here at Murray-Heutz, we understand how important it is to have a furnace or boiler that runs smoothly and efficiently. If your home’s system is getting on in years, now is the time to start thinking about upgrading to a new one. We only work with top quality suppliers so you can be assured of finding the perfect heating solution for your needs. We’ll visit your home, check out your furnace or boiler, and give you a FREE estimate for a replacement.


The price of your new heating system installation may fluctuate depending on the size and location of your unit. For example, if you have a large home, you will most likely need a bigger unit which will impact both the cost of the product as well as installation. Additionally, where you place your furnace or boiler can contribute to how easy or difficult it is to install; impacting the final cost.

Changing energy source

Although upgrading your current electric furnace to an oil-fired or propane-fired heating system may be more expensive initially, it will pay off in the long run with its efficiency and comfort. You will need to add a heating oil or propane tank to your home as well as oil or gas lines, and you may have to make other adjustments.


If you have expanded the living space in your home since you last replaced your boiler or furnace- such as adding a room, finishing a basement, or attic- we’ll ensure that your new heating system can accommodate that additional need. You will likely need to add ductwork to those spaces as well if it wasn’t originally present when they were unfinished, which will elevate the cost.

In recent years, we have learned how important it is to have clean air in our homes. If you are upgrading your furnace, you may want to add indoor air quality equipment such as an air purifier or a humidifier. This will be an extra cost.

Now is the time to begin planning your furnace or boiler replacement. Contact Murray-Heutz to get a FREE estimate.