Estimate furnace installed cost by fuel type, output size and AFUE tier, including venting, plus yearly heating cost.
Estimate central air conditioner installed cost by capacity, SEER2 tier and home type, plus annual cooling operating cost.
Estimate air-source heat pump installed cost by capacity, cold-climate rating and home type, plus yearly electricity cost.
Estimate ductless mini-split installed cost by number of zones and capacity, comparing single-zone and multi-zone systems.
Calculate annual energy savings from upgrading furnace, air conditioner or heat pump efficiency using AFUE, SEER2 or HSPF2 ratings.
Calculate the estimated annual operating cost of furnace, AC or heat pump equipment from capacity, efficiency, run hours and utility rate.
Compare conversion cost and yearly operating cost of switching heating fuel between gas, propane, oil, electric and heat pump.
Estimate new or replacement ductwork cost by duct material, run length, vent count and installation complexity.
Estimate the combined cost of replacing a furnace or heat pump, air conditioner and ductwork as one project.
Find how many years an HVAC upgrade takes to pay for itself after rebates and annual energy savings.
Estimate insulation upgrade cost by area, insulation type and R-value target, plus estimated annual heating savings.
Estimate HVAC installation labour cost by project type, labour hours, crew size and job complexity.
Estimate available federal and provincial rebates for heat pumps, insulation and other HVAC efficiency upgrades.
Estimate boiler replacement cost by fuel type, output size and efficiency tier, including venting and labour.
Check whether a carbon charge still applies to your home heating fuel by province, with historical federal rates.
Estimate HVAC commissioning and verification cost by building type, floor area and testing scope.
Estimate residential duct cleaning cost by vent count and service tier, with an optional dryer vent add-on.
Estimate retrofit cost, annual savings and payback for insulation, air sealing, windows and equipment upgrades.
Calculate HVAC equipment depreciation and book value with straight-line or declining balance methods.
Estimate annual filter replacement cost by filter type, change frequency and number of filters.
Compare the installed and lifetime cost of a heat pump against a gas furnace plus air conditioner.
Build an annual HVAC budget from replacement reserve, maintenance cost and a contingency allowance.
Estimate emergency and after-hours HVAC service call cost with labour premiums, callout fee and parts.
Calculate the monthly payment, total interest and total cost of financing an HVAC purchase.
Estimate annual HVAC maintenance cost by equipment type and service plan, pay-per-visit versus annual plan.
Calculate total lifecycle cost from installed cost, annual operating cost and maintenance over the equipment's expected life.
Calculate the percentage return on an HVAC equipment upgrade over a selectable time horizon.
Estimate standard, non-emergency HVAC service call cost, including diagnostic fee, labour and common parts.
Calculate total cost of ownership from installed cost, financing interest, energy, maintenance and end-of-life value.
Estimate window replacement cost by window count, frame material and glazing type, plus estimated annual heating savings.
About HVAC Cost Estimation
HVAC equipment is one of the largest investments in a home or commercial building. Understanding both the upfront cost and the long-term operating cost is essential for making sound decisions. These tools help quantify every aspect of the total cost of ownership.
Equipment Cost vs. Operating Cost
Gas furnaces made for the Canadian market must already reach 95 percent AFUE, so the real choice is between that minimum and a 98 percent unit. In the Furnace Cost Calculator the step up adds $1,520 to the equipment price for about 3 percent less fuel, roughly $42 a year at the default settings. A heat pump is a different kind of decision: the Heat Pump Cost Calculator returns $9,700 to $18,900 for cold-climate models across sizes and home types, and whether the running cost beats gas depends on local electricity and gas prices. The Payback Calculator shows how long a given upgrade takes to recover its net cost.
Canadian Government Rebates
Federal programs have changed: Natural Resources Canada's Canada Greener Homes Initiative page shows the Greener Homes Grant and Loan as closed, while the Oil to Heat Pump Affordability program offers up to $10,000 to eligible oil-heated homes. Provinces and utilities run their own programs, such as Ontario's Home Renovation Savings program from Save on Energy and Enbridge Gas, which offers rebates for insulation, heat pumps, and other upgrades. The Rebate Calculator helps identify available incentives by province and equipment type, and amounts and eligibility change over time.
Related Tools
Cost estimation works hand-in-hand with load calculations, which determine the equipment size the cost tools then price, and with the climate data from the degree day calculator that annual energy estimates depend on. For what to do once a project is priced, see the financing calculator and the ROI calculator.
Frequently Asked Questions
Based on these calculators, a natural gas furnace at the 95 percent AFUE federal minimum runs about $5,300 to $7,100 installed depending on output size, while heat pumps run from about $7,600 for a standard unit up to $18,900 for a large cold-climate model in a complex home. Use the Furnace Cost Calculator and Heat Pump Cost Calculator for a detailed estimate specific to your equipment and climate.
Federal and provincial programs commonly offer rebates for heat pumps, insulation, and other efficiency upgrades, though amounts and eligibility change over time, and the federal Greener Homes Grant and Loan are now closed to new applications. The Utility Rebate Calculator gives a general estimated range by upgrade type and province; always confirm current details with the specific program before finalizing a budget.
The right choice depends heavily on local climate severity, electricity and gas rates, and how long you plan to own the home. The Heat Pump vs Furnace Cost Calculator compares installed cost and operating cost side by side over a selectable time horizon to help make this decision with real numbers rather than guesswork.
Payback period tells you when an investment breaks even, in years. ROI expresses the total return as a percentage over a chosen time horizon. Total cost of ownership adds up everything an upgrade costs, including financing interest and residual value, into one comparable figure. The Payback Calculator, ROI Calculator, and Total Cost of Ownership Calculator each answer a different piece of that question.