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How How Much Does an Electric Furnace Cost to Install?

Average cost: $1,200 - $5,975

Low End
$1,200
Average
$3,588
High End
$5,975

An electric furnace is a cheaper to install than a gas furnace. Electric furnace prices can range from $850 to $1,500. A new electric furnace cost to install can range from $1,200 to $5,975. Total costs vary by local labor rates, brand choice, and a few other factors. However, electric furnaces have higher operational costs than gas furnaces.

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