HVAC Retrofitting Costs: AC, Heat Pump, & Furnace
While having an HVAC system installed is a simple process with a pretty predictable price range, retrofitting something into a pre-existing system is an entirely different ballgame. While the cost of replacing an entire unit can be anywhere from $5,000 to $20,000; the final price depends on which components you’re having replaced or added, the system efficiency, your property size and even the area you live in. if you’re considering a retrofit for your own residential or commercial property, this blog explains in detail how much each system may cost and the factors influencing the price.
The Price Of An HVAC Retrofit: Systems & Setups
Big Sky Heating and Cooling Systems Inc has been in the industry for years, installing, repairing, and replacing countless HVAC systems in Billings MT, and nearby areas. This is why we believe we have the knowledge and expertise needed to help you determine how much you’d have to spend on retrofitting your heating and cooling system.
Take notes as we break down how much each system would cost.
The Air Conditioning
If you’re planning on just upgrading your AC, things like its make, performance, and size will play a role in determining its price. If you’re going for something simple, expect to spend about $8,800. But if you’re going the premium route, the price will jump up to the neighborhood of $20,000 or higher.
The Furnace
If it’s a furnace you’re planning to add to your system, the price of the component will depend on its unique features, along with its fuel type. For example, the cost of installation for a furnace would look something like this:
Fuel Type | Cost |
Electrical | $2,000-$7,000 |
Natural Gas | $3,800-$10,000 |
Oil | $6,750-$10,000 |
Propane | $3,700-$14,200 |
The Heat Pump
Finally, if you’re having a heat pump retrofitted, the price will depend on things like its size, type, and energy efficiency. Here is a brief look at the price tag for different types of heat pumps:
System Type | Cost |
Air Source | $8,930-$14,160 |
Ductless | $3,890-$21,200 |
Geothermal | $16,400-$55,610 |
The Cost Of Retrofitting Your HVAC System: Other Factors That Come Into Play
Okay, so that’s the bulk of what influences the cost of retrofitting your system. But it isn’t all. There are other things like labor costs, system efficiency, and the size of your home that also play a part in determining the final price.
Here is a look at some other things that influence the final price tag.
Efficiency Ratings
This is what tells you how much of the energy your system uses is converted into heat or cooling. The higher the rating, the better the performance. So, naturally, the higher the price of the system.
The Size Of Your Property
Another thing that will play a part in determining your budget is how big your property is. A larger property will demand a larger system to keep it comfortable, meaning a higher price range. But if your property is on the smaller end, expect to pay less than your cousin with the big house.
Special Features
With the advancement of technology, our HVAC systems now come with additional features. If you select a system with things like an advanced air filtration system, a smart thermostat, a humidity control feature, or renewable energy source integration, expect the upfront cost to be much higher than a basic system upgrade.
Labor Costs
Where you live also plays a role in the retrofitting charges. Your HVAC contractors will charge you depending on things like the complexity of the project as well as the local labor laws.
Duct Work
Do your vents need to be altered or repaired? Depending on the condition of your ductwork system, you can expect to receive a higher bill for your HVAC retrofit.
Incentives
Finally, if your local government is offering rebates or incentives for the upgrade, you’re in luck! Expect the cost to drop significantly if your project has legal backing.
Conclusion
To conclude, retrofitting an HVAC system can cost you anywhere between $5,000 and $20,000. This is a cautious estimate, however, and the price depends heavily on things like the size of your property, project complexity, and whether or not you have any government incentives involved. We hope this blog gave you a clearer picture of your projected budget. For more information, please drop us a line.
FAQs
1: How long does a residential retrofit take?
For something simple like adding an AC to a house with a furnace, it takes 1-3 days. But if the project is more complex, expect a week or longer.
2: Do I need a permit for an HVAC retrofit?
If the project involves detailed work that alters the electrical or ductwork systems, you need a permit.
3: How do I find out if the government is offering incentives?
Check with the state’s energy office or your local utility company.
4. Is it better to retrofit or replace my HVAC system?
If your system is under 10 years old, retrofitting can be cost-effective. Older systems often benefit more from full replacement.
5. How often should I upgrade or retrofit my HVAC system?
Most systems should be evaluated every 10–15 years for efficiency upgrades or component replacements.
