Budgeting for a new furnace can be tough when you don’t have access to real prices, so this guide will give you the costs for different KeepRite furnaces. The guide will provide price ranges by tier and tell you the real prices for all KeepRite furnace models.
We’ll also discuss installation costs and what goes into the job, and provide you tools and calculators you can use to get accurate quotes. This cost breakdown guide will also compare Keeprite prices to some comparable brands to help you decide if KeepRite is in your budget, and give you some ideas of other brands you might want to consider in the same price range.
Are you considering a new KeepRite furnace but don’t know where to look for prices? KeepRite is a well-known brand in Canada, and they also make some of the most affordable furnaces on the market. This guide will tell you everything you need to know about the real cost of their furnaces to help you budget for your upgrade.
Higher than average
Slightly above-average price range, which may be due to factors like a more complicated installation, or purchasing a top-of-the-line unit or premium brand.
Typical price range: $4,000 – $6,500
The average price range for a typical high-efficiency unit with a typical installation from an established, fully licensed & insured local HVAC contractor. Prices will vary within this range based on installation factors, brand & model, unit size/BTU output & efficiency, among other things.
Lower than average
Below-market pricing; be careful if the price is exceptionally low. The lower the price is below average, the higher likelihood that you may receive a more hastily done installation, low-end or used components, limited labour warranty coverage & ongoing support, or the company may be less established or lacking in insurance and/or licensing & certification.
Table of contents
Overview of KeepRite’s Model Tiers
Performance Series: $3,000 to $5,500
KeepRite’s Performance furnaces are ideal for Canadians who have smaller budgets and smaller homes, and who want an affordable high-efficiency furnace that will last.
All of the models in this tier are single-stage, and that means they’re going to be best suited for small to medium homes, such as bungalows, semi-detached homes, condos, apartments, cottages, townhouses, and the like.
On the other hand, these furnaces could also be acceptable for homes in milder parts of the country, such as the Niagara Region, the Okanagan, the Lower Mainland, or Vancouver Island.
The AFUEs on KeepRite’s Performance furnaces range from 92.1 to 96 percent. Some of the less efficient models have multi-speed blowers, but the more efficient ones have variable-speed ECM blowers that use less energy, are quieter, require less maintenance, and provide a more consistent temperature around the house.
It should be mentioned that the Canadian government has raised the minimum AFUE for furnaces to 95 percent, so you’ll only be able to buy ones with lower efficiency ratings if they were manufactured prior to July 2019.
Another thing to keep in mind is that only one model is ENERGY STAR® certified, and that could mean some of these furnaces are less likely to qualify for rebates.
Despite being some of the most economical furnaces on the market, the Performance models have great design elements like secondary heat exchangers, durable RPJ primary heat exchangers, features for quiet operation, a control system that provides diagnostics, and dual fuel compatibility.
If you’re concerned about furnace warranty, then you should know that Performance models have industry standard coverage that includes a 10-year parts warranty and a 20-year or lifetime heat exchanger warranty.
Other KeepRite tiers have furnaces that aren’t that much more expensive, but they do have more features, better warranties, and are suitable for larger homes.
- KeepRite Performance 96 N96VSN
- KeepRite Performance 95 N95ESN
- KeepRite Performance 95 N95ESU
- KeepRite Performance 92 N92ESN
QuietComfort Series: $3,500 to $5,500
The QuietComfort series from KeepRite is ideal for homeowners who want an efficient and cost-saving furnace on a low budget.
There’s currently only one high-efficiency model in the mid-range QuietComfort series, but it falls into a very similar price range as the entry-level Performance models.
However, the QuietComfort model has a lot more to offer, and arguably provides more value for your dollar.
KeepRite’s high-efficiency QuietComfort model is two-stage, so it has a high and low heat output for improved energy savings and comfort. It also has a variable-speed blower, AFUE of 96 percent, and ENERGY STAR certification.
As such, this model will be more capable when it comes to keeping medium or large homes warm through Canada’s colder winters.
So not only will it save you money on heating bills and make your home a more consistent temperature, but it’s also more likely to qualify for rebates that could further reduce the purchase price.
Along with being efficient, the QuietComfort furnace also has the same great design elements as other KeepRite furnaces, like the secondary heat exchanger, quiet operation features, long-lasting RPJ heat exchanger, dual fuel compatibility, and diagnostics that can make repairs faster and more accurate.
Finally, the QuietComfort model comes with an excellent warranty that includes a lifetime heat exchanger warranty, a 10-year parts warranty, and a five-year No Hassle Replacement warranty. That’s a unit replacement warranty that means KeepRite will replace the entire furnace if the heat exchanger fails in the first five years.
This isn’t the best warranty that KeepRite offers, but it’s still fantastic, and even superior to what some of the premium brands like Lennox and Carrier have. The warranty alone could potentially save you a great deal of money on repair costs over time.
Ion Series: $3,500 to $5,500
The Ion series furnaces from KeepRite are ideal for people who are looking for a high-performing and highly-efficient furnace that costs less than a lot of the other options out there.
Ion furnaces are either single-stage, two-stage, or modulating, and they all have variable-speed blowers.
The modulating model can make incremental adjustments to the heat output, so it’s going to be the best for large homes, such as multi-story houses. It will also have no trouble handling the country’s coldest winters, and it will save you the most on heating bills.
The AFUEs on the Ion furnaces range from 95 to 98 percent, and they all have ENERGY STAR certification, which is good if you want to apply for rebates.
KeepRite’s premium-tier furnaces have the best warranties, and they come with a lifetime heat exchanger warranty, a 10-year parts warranty, and a five- or 10-year No Hassle Replacement warranty.
Like the other KeepRite furnaces, Ion models also have secondary heat exchangers, RPJ primary heat exchangers, quiet operation features, and diagnostics.
But the main feature that separates them from the mid-range and entry-level models is their compatibility with the Ion System Control.
This is a proprietary smart thermostat from KeepRite. It has some great capabilities, including 7-day scheduling, home, sleep, and away modes, and they give you the ability to control the temperature, ventilation, and humidity settings in your home from anywhere in the world.
Although you will have to pay extra for the Ion System Control, it could help to further reduce your energy bills because it’s a smart thermostat.
KeepRite Unit Prices
Why is there a range in unit costs for a given model? The cost of the unit may vary based on a variety of factors like the volume of units a contractor purchases, the region, and availability and supply chain constraints, among other things.
|Model||Unit Price||Installed Price|
|Keeprite Ion 98 G97CMN||$3,000 - $3,500||$5,500 - $6,500|
|Keeprite Ion 96 G96CTN||$2,750 - $3,250||$5,000 - $6,000|
|Keeprite Ion 95 G95CSU||$2,250 - $2,750||$4,750 - $5,750|
|Keeprite QuietComfort 96 G96VTN||$2,750 - $3,250||$5,000 - $6,000|
|Keeprite Performance 96 N96VSN||$2,250 - $2,750||$4,750 - $5,750|
|Keeprite Performance 95 N95ESN||$2,000 - $2,500||$4,500 - $5,500|
|Keeprite Performance 95 N95ESU||$2,000 - $2,500||$4,500 - $5,500|
|Keeprite Performance 92 N92ESN||$1,750 - $2,000||$3,500 - $4,500|
Furnace Cost Calculator
KeepRite Installation Costs
Hiring a licensed HVAC professional to install a new furnace is important for many reasons.
For one, they’ll make sure the furnace is the right size for your house. They’ll also install the furnace properly and make sure it’s working at peak efficiency. Beyond that, you’ll also need professional installation if you want to keep your warranty valid.
In short, professional installation protects your investment.
Installation itself requires a small investment, and knowing how much it might cost can help you budget properly.
Most Canadians pay anywhere from $3,000 to $5,500 to buy and install a new KeepRite furnace.
The biggest cost is the price of the actual furnace, which for KeepRite ranges from about $1,600 to $3,100.
The more affordable units will be the more basic Performance models with fewer features, lower efficiency ratings, and shorter warranties. The more expensive ones will be the top-tier Ion models with the best efficiency ratings, two-stage or modulating operation, more technological compatibilities, and the best warranties.
After the unit cost you have labour and installation to consider, which typically runs anywhere from $600 to $1,000, but it can be more, especially with complicated jobs.
Not only that, but there will probably be materials that the HVAC technician requires for the installation, and those are usually between $250 and $750.
While we’re talking about this, let’s have a look at some of the things that can impact the cost of installation and materials:
- Where you live and how far you are from the nearest source for materials and supplies
- How far a contractor has to travel to get to your house
- Whether the furnace is being installed in a place with easy access or somewhere more difficult like a crawlspace
- If the contractor has a helper or apprentice
- Whether you have all the right infrastructure in place for the new furnace
- How many companies are operating where you live and how competitive prices have to be
There’s one more important component to consider here, and that’s how much the HVAC company has to pay each year to cover their own fixed costs. Here are some examples of what those fixed costs might entail:
- Licenses and insurance
- Salaries for support staff and technicians
- Marketing and advertising
- Rent and utilities
- Professional services
- Vehicles, fuel, and insurance
All told, these costs can add up to several thousand dollars or more each year. The higher the costs, the more an HVAC company will charge. However, just because a company has higher costs and charges more doesn’t mean you should immediately cross them off your list.
Oftentimes, companies with higher costs have the resources to offer better and faster service because they have more technicians, more support staff, larger service areas, more vehicles, and more comprehensive training. They might even offer warranties when they perform an installation.
In the end, you want a company that’s going to be there for you not only for the installation, but also down the road when you need maintenance, repairs, and possibly even emergency service.
For the best prices and the best service, always get quotes from at least three contractors.
Learn more about The Truth About Furnace (and A/C) Pricing.
Prices for KeepRite Add-ons, Extras, and Thermostats
KeepRite doesn’t just make furnaces. They also manufacture air conditioners, oil furnaces, heat pumps, and a number of HVAC accessories. Those include things like air purifiers and thermostats you can use to control your heating and cooling settings.
It can also be difficult to find prices for those accessories online, so we’ll go over those now, plus a description of the various accessories KeepRite offers.
Air Scrubbers: $250 – $500: An OptiClean™ air scrubber is probably going to be a little much for the average home, but there could be applications where this could work in a residential setting.
For the most part, air scrubbers are used in commercial applications such as schools, hospitals, dental offices, and the like, mostly because they can be wheeled from room to room as necessary to purify the air.
These portable machines are equipped with powerful HEPA filters that can eliminate 99.97 percent of particles down to the size of 0.3 microns.
If you’re concerned about air quality in your home and don’t want a huge portable device, don’t worry: KeepRite has other options as well.
Air Purifiers: $100 – $300: The alternative to an air scrubber is a whole-home air purifier that’s integrated into your furnace to provide air purification in summer and winter.
Keeprite’s air purifier can kill up to 99 percent of certain viruses and bacteria, such as coronaviruses, common cold viruses, and influenza. It can also eliminate 95 percent of particles in the 1- to 3-micron range, and 85 percent of particles down to 0.3 microns.
This device is an electronic air purifier that uses both electrostatic power and a MERV 15 filter to capture contaminants and eliminate them from the air in your home.
These can be great for people with allergies or asthma, homes on dirt roads, newly built houses, places that struggle with smog and pollution, and families who want better air quality.
Geothermal Heat Pumps: $2,500 – $4,000: Geothermal heat pumps use the power of the Earth’s constant temperature to provide affordable and fossil-fuel free heating and cooling for your home.
Most of Keeprite’s furnaces are dual fuel compatible, and that means you can pair them with a heat pump—including one of their geothermal heat pumps—to switch between fuels depending on the price to maximize your energy savings.
Keeprite also has geothermal heat pumps that can provide heating and cooling on their own, without a traditional furnace or air conditioner, and models that provide domestic hot water as well.
Thermostats: $250 – $350: It won’t come as a surprise that Keeprite has their own line of thermostats because we’ve already mentioned their premium-tier control device, the Ion System Control. Along with that device, Keeprite also has the Ion Zoning System and room sensors that can be incorporated into the system if you want to use the Ion System Control for zoned climate control.
But not everybody wants an Ion furnace, and Keeprite does have other thermostats that can be paired with their mid-range and entry-level models. That includes a seven-day programmable thermostat that can manage a dual fuel system and provide enhanced humidity control.
There’s also a more basic programmable thermostat that can be used to schedule temperature settings for seven days.
Programmable thermostats can help to reduce energy use and increase savings, but they aren’t smart thermostats, so you can’t control them remotely, and they don’t have the capacity to learn your behaviour the way some smart thermostats can.
How Do KeepRite Prices Compare to Other Brands?
KeepRite versus York
York is one of the most similar brands to KeepRite in terms of pricing, and all their models fall into the same $3,000 to $5,500 price range. Together, along with Goodman, these brands make some of the most affordable furnaces on the market.
It’s not as easy to distinguish between York’s entry-level, mid-range, and premium-tier furnaces as it is with other brands.
They don’t have a huge selection of high-efficiency furnaces either, but they do have single-stage, two-stage, and modulating models. Most of them are paired with standard-efficiency ECM motors, but the more top-tier ones have variable-speed blower motors.
Some great things about York include that all their high-efficiency models are ENERGY STAR furnaces, and they all have secondary heat exchangers. York also doesn’t have any lower-efficiency models: their five high-efficiency furnaces have AFUEs ranging from 95 to 98 percent, so they all meet the government’s new efficiency standard.
Like KeepRite, York doesn’t offer much in terms of technology. They do have their own proprietary smart thermostat, the Hx™3 Communicating Zoning System, which can give your system a couple advanced capabilities.
One thing they do have for some of their furnaces is called ClimaTrak™ Technology, a special feature that allows an HVAC technician to customize the furnace’s fan settings for your specific climate during installation.
Another similarity between the two brands is that York also offers an industry-leading warranty. All but one of their furnaces comes with a lifetime heat exchanger warranty, a 10-year parts warranty, and a five- to 10-year Complete Assurance warranty. The Complete Assurance warranty is York’s version of the No Hassle replacement warranty, which again guarantees unit replacement if the heat exchanger fails during the coverage period.
KeepRite versus Goodman
Goodman is also very similar to KeepRite in terms of pricing, but their entry-level models are a little pricier. Nonetheless, you can still get a Goodman furnace for between $4,000 and $5,300.
Goodman is somewhat like York in that it can be more difficult to distinguish one tier from another, but some models are easier to classify than others.
For example, all of their entry-level models are single-stage, have multi-speed ECM blowers, and have AFUEs ranging from 92 to 96 percent.
It can be a little tougher to differentiate mid-range Goodman models from premium-tier ones. These models include two-stage ones with multi-speed or variable-speed ECM blowers and modulating, variable-speed furnaces. The AFUEs are either 96 or 98 percent, with the most efficient ones being the modulating models.
These furnaces are all ENERGY STAR certified, and many of them are compatible with Goodman’s exclusive features.
Speaking of which, that’s one advantage that Goodman has over KeepRite and York for people who like technology.
Some of Goodman’s more advanced furnaces are built with ComfortBridge™ Technology, a communicating system that involves furnace components that can talk to the thermostat and vice versa.
This enables the system to keep a constant eye on the furnace’s operation and automatically initiate changes to the settings to maximize performance. It comes with an app you can use to monitor and adjust the comfort settings in your home from anywhere.
Another area where Goodman has a slight advantage is their warranty coverage, and that’s because every model but one comes with a lifetime heat exchanger, 10-year parts, and 10-year unit replacement warranty. And the one that has different coverage just has a lower two-year unit replacement warranty.
KeepRite versus Carrier
Carrier isn’t really a comparable brand to KeepRite because Carrier is a premium brand name furnace company that charges a lot more for their products.
Depending on the tier and style of furnace you want, you could pay anywhere from $3,400 to $8,100 for a Carrier furnace, so it will require a substantially larger budget if you want one of their more efficient models.
But it’s important to have them included here because they’re a cousin brand to KeepRite. United Technologies Corp. is the umbrella company that makes Carrier and other brands, and they’re also responsible for International Comfort Products, the parent company that makes the KeepRite brand.
Like KeepRite, Carrier has three distinct furnace tiers. They have their entry-level Comfort furnaces, their mid-range Performance models, and their premium-tier Infinity systems.
The entry-level models are similar to KeepRite’s in terms of design specifications: they’re single-stage, multi-speed furnaces with AFUEs of 92.1 or 96.5 percent. Carrier doesn’t have any variable-speed furnaces or ultra-low NOx models in their entry-level tier the way KeepRite does, but these models are dual fuel compatible and have secondary heat exchangers.
Carrier’s mid-range models are also similar to KeepRite’s. They’re single-stage or two-stage units with variable-speed capacity, 96.5 percent AFUEs, ENERGY STAR certification, dual fuel compatibility, and secondary heat exchangers. But they also have some of Carrier’s more advanced technologies, including ones that offer enhanced humidity management.
Carrier’s premium-tier furnaces come with the technologies they offer for humidity management, but only their top-of-the-line model has their premium technology, something called Greenspeed Intelligence for enhanced comfort and energy savings. Carrier has two models in their premium tier: a two-stage, variable-speed furnace with an AFUE of 96.7 percent and a modulating, variable-speed furnace with an AFUE of 98.5 percent.
Aside from the higher cost, there are two other important things to know about Carrier: first, most of their exclusive technologies require additional equipment purchases, such as thermostats or heat pumps.
Second, Carrier’s warranty can’t compete with KeepRite’s. Most of their models come with a lifetime warranty on the heat exchanger and a 10-year warranty for parts, but they don’t offer a unit replacement warranty for any of their furnaces.