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Here is the breakdown of a natural gas furnace versus an electric furnace.
Wondering what the pros and cons of an electric furnace versus and natural gas furnace are?Â
If you are building a new home or need to replace your current furnace, we recommend understanding the pros and cons of each. While the installation cost of an electric furnace is less the monthly operational cost to heat your home is considerably more!!Â
Here is the breakdown of a natural gas furnace versus an electric furnace.
There is no contest, a natural gas furnace will heat your home faster. Alberta winters can be harsh and temperatures can drop quickly. A natural gas furnace will heat the air faster than an electric one. This is one of the main reasons why 91% of furnaces are natural gas in Alberta.
An electric furnace requires less upfront cost compared to a natural gas fireplace. The natural gas fireplace requires a natural gas connection and a chimney and flue pipe. There are fewer requirements for an electric furnace installation. Electric furnaces also can last longer and require less maintenance, but the cost to operate an electric furnace is much higher.Â
There isn’t even a comparison. In Alberta, a natural gas furnace is less expensive than an electric furnace. A high-efficiency natural gas furnace will ensure your utility bills are less each month.Â
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The following comparison breaks down numbers and fees, comparing specific costs of gas furnaces to electric furnaces.
For a natural gas furnace in Alberta, assume the following:
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Over 30 days, it costs $128 to heat your home with a natural gas furnace based on assumptions.Â
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Other costs on your heating bill could include:
For an electric furnace in Alberta, assume the following:
(Prices were capped at 13.5 ¢/kWh for Jan to Mar 2023, the cost is closer to 17¢/kWh)
Over 30 days, it costs $729 to heat your home with an electric furnace based on assumptions.
Other costs on your electrical bill may include:
If you are locked into an energy rate for gas or electricity, your costs may be significantly less.Â
Many factors will play out to determine the cost of heating your, including the outside temperatures and the rising and falling costs of energy.Â