Equipment Costs

The average price for a new gas furnace ranges from around $2,300 to $3,000 depending on manufacturer according to a November 2012 article by Consumer Reports.estimates the cost of a new electric furnace at $1,000 to $1,500 as of December 2012. electric space heaters can be found for much less at most home improvement stores. While the upfront costs of electric heating may seem lower than those associated with gas heating, operating costs for gas heaters are often much lower than those associated with electric heat