Why Are HVAC Costs Increasing?
Here’s what’s driving these price jumps:
Soaring Manufacturer Costs
Essential HVAC components like aluminum, steel, and refrigerants are becoming pricier due to supply chain pressures and global demand. Learn more about the trends affecting pricing in this recent report from Statistics Canada.
Exchange Rate Volatility
Canada relies heavily on imported HVAC components. With the Canadian dollar fluctuating against the U.S. dollar, import costs are rising, directly affecting Calgary homeowners. For more information, see this exchange rate analysis.
Tariff Uncertainty in 2025
Although tariffs would be implemented in the U.S., the global HVAC market could see these fees ripple into Canadian prices. Read more about potential impacts in this Chamber of Commerce analysis or Morningstar report on tariff effects.
What This Means for Calgary Homeowners
Higher Prices for New Furnaces and Heat Pumps
Expect to pay up to 20% more for a new heating system. A mid-range furnace currently costing $4,500 could rise to $5,500 or more. For more information, review this residential price growth forecast.
Costlier Repairs for Aging Systems
Delaying an upgrade might lead to frequent and expensive repairs. Older systems often break down during Calgary’s extreme winters. Discover reliable furnace repair solutions to keep your system running.
How to Stay Warm Without Breaking the Bank
Upgrade Before Prices Skyrocket
If your furnace is over 15 years old, replacing it now could save you thousands in the long run. Explore heating solutions.
Invest in Preventive Maintenance
Routine servicing keeps your current system efficient and reduces the risk of winter breakdowns. Book a furnace tune-up.
Bundle Heating and Cooling Upgrades
Bundled deals can save on upfront costs. Discover heat pump and heating packages.
Consider High-Efficiency Systems
Energy-efficient systems save on utility bills. Plus, rebates may be available. Explore energy-efficient options.
Plan Ahead to Stay Comfortable
Planning ahead is the best way to handle rising HVAC costs. Whether replacing an aging furnace or upgrading to a high-efficiency system, act now to avoid unexpected expenses.
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