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Furnaces Peterborough2020-02-18T23:39:06-05:00

High Efficiency Furnaces in Peterborough – Prices, Top Deals & Free Quotes

Furnace shopping can be a challenging endeavour for many homeowners, especially knowing where to start. Our guide is tailored to the Peterborough market, to give you useful information when looking to replace an aging furnace with a new high-efficiency forced air heating system. This page includes an overview of Peterborough furnace pricing, popular brands, financing options, rebates, current deals, and more!

Average* furnace price in Peterborough (including install):

$3000 – $4500

*note many factors can affect price, see further down for details

Peterborough Furnace

Peterborough, Ontario Statistics

Population: 81,032
Average Temp. (Summer): 27℃
Average Temp (Winter): -10℃

Top Canadian Brands by Price Tier

Low Tier: Goodman, Continental, Keepright – $2,700 +
Mid Tier: Rheem, Amana, Napoleon – 3,200 +
Premium Tier: Lennox, Carrier – $3,800 +
Rebates Available: Yes

What to look for when choosing a heating & air conditioning contractor

People often fret over the brand of furnace to buy, but the contractor you choose is every bit as important. Not only is the quality of the workmanship and installation crucial to the furnace's lifespan, the company you choose will be relied on for future servicing and warranty coverage.

Always choose an established company that has:

  • Good, independently-verified feedback
  • A solid track record and no outstanding disputes
  • Verified insurance, licenses, and certifications
  • Experienced staff, with manufacturer training
  • Registered to offer rebates

Checking all of these things is difficult and time-consuming.

That's why we've already done it for you!

Learn more about our independent local HVAC contractor Certification program, designed to help you get a reliable heating system at a fair price, from reputable local dealers.

Purchasing a High-Efficiency Furnace

The harsh winters in Peterborough make a good, reliable furnace a necessity. Natural gas furnaces with a modulating heater and variable-speed blower are features of the more efficient models on the market. You can save more money, in the long run, heating your home with a top-tier brand that may cost more initially.

Efficiency Rating

One of the best signs of efficiency is if the furnace is ENERGY STAR® certified, typically showing there is an AFUE of at least 95%. The AFUE tells you how much of your dollar does directly into heating, so an AFUE of 95% means 95 cents of your dollar is working to heat your home. A bonus to that is that the more efficient your unit, the more eco-friendly it is as well.


There are a number of essential and extra features that you can get in a furnace, and what you opt for should depend on your needs and your house type. If your home is hard to heat due to drafts or large spaces, you’ll want a good fan to help circulate air. Some handy additional features to look out for include sound-dampening, and easy diagnostic panels, as well as compatibility with modern smart thermostats.

Price And Value

A furnace is a necessary big purchase for a homeowner. You’ll want to be sure about what you’re getting to ensure that you have something that will perform reliably and last you a long time. Having it sized correctly and installed right will make sure that your furnace is a solid investment down the road.


A good warranty can help you avoid a headache in the future. Knowing that a company will help you out when something goes wrong with your furnace is a lot of stress reduced later. Most companies will offer warranties for internal parts for usually 10 years, while the heat exchanger may be covered for 20 years to a lifetime. Some companies have extended warranties and some even go so far as to guarantee a full unit replacement should there be a critical issue.


The last sound you want to hear in your home is the clanging and loud whirring of the furnace as it turns on and off. New models have found ways to reduce the noise by insulating the cabinet to keep your home a comfortable space, temperature and noise-wise. Look for features that boast a quiet performance, including a variable speed fan which will reduce excess noise.

Choosing a Filter

An easy and inexpensive upgrade to your furnace is to select a filter. There are a few factors to consider what would be best for your home. The furnace itself should let you know if you check the owner’s manual what kind of filter it can handle. Some filters may actually hinder performance, simply because they aren’t compatible with your unit.

Pleated filters are good if you forget to change out your filters often since they’ve got a larger surface area to capture dust and debris.

Electrostatic filters are great if you’re sensitive to allergens or have breathing conditions, because they’ll trap more particles and create better air quality. Though keep in mind, these types of filters require more maintenance to be effective.

Deals Available

With a smaller population, you would expect that there wouldn’t be too many HVAC companies in Peterborough, but there are at least 60 listed companies that you can shop around with to get a quote and a good deal. There’s enough competition that you can use that to your advantage and simply look elsewhere if someone quotes you a figure that is higher than your budget.

Government Rebates Available

If you’ve got an ENERGY STAR certified furnace, most times, along with a few other energy-saving features, you’ll be qualified for a $250 rebate from Independent Electricity System Operator. Enbridge and Hydro One also offer rebates on a new, energy-efficient furnace as well as energy upgrades in some cases. Be sure to check for these rebates and their conditions before installing the new furnace.

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Financing Options

Depending on your current cash flow, you may not want to pay the full amount for your unit upon purchase. A lot of HVAC companies can work out a payment plan for you, whether you want to pay in installments over months or prefer a different payment program.

Established contractors like Kawartha Hotwater Plus offer various flexible financing options.


The correct and accurate installation will be done by a licensed professional. This will be included in the total cost of your furnace, and the technician will ensure that you have a proper unit for your home and that it is installed correctly to ensure smooth and reliable operation. A well-installed unit will run effectively and efficiently for years to come.

High-Efficiency Furnace Pricing

Average furnace in Peterborough (including installation): $3,000 – $4,500

General City Information

As a passageway to the Kawarthas and cottage country, Peterborough is a great retirement place. It’s a relaxed and affordable city that can cater to seniors with cultural activities geared to their age group. With humid temperatures and a mild winter, it may not seem as crucial to have a reliable furnace but with different elevations, the weather can vary from extremes. It is important to have a well-running furnace to ensure the comfort of your home.

Peterborough & Surrounding Areas

  • Kawartha Lakes
  • Lindsay
  • Quinte West
  • Cobourg
  • Brighton
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