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Electric vs Gas Furnace Ontario — Which Is Better for Your Home?
| Factor | Gas Furnace (96% AFUE) | Electric Furnace |
|---|---|---|
| Annual heating cost (Ont.) | $1,200–$1,800/yr | $3,000–$5,000/yr |
| Install cost | $3,500–$5,500 | $1,500–$3,000 |
| Availability | Requires gas service | Works anywhere with electricity |
Bottom Line for Ontario Homes
Electric furnaces cost 2–3x more per year to run in Ontario due to high electricity rates. A gas furnace saves $1,500–$3,000/year in operating costs. Choose electric only if: your home has no gas service, you run the heat rarely, or you prefer zero combustion appliances.
Is electric or gas furnace better in Ontario?
Gas furnaces are far more cost-effective in Ontario. Gas heating costs $1,200-$1,800/year vs $3,000-$5,000/year for electric due to Ontario’s high electricity rates. Choose electric only if your home has no gas service. If you want to electrify, a heat pump is much more efficient than an electric furnace. Call Madina Mechanical at (416) 424-4328.
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Free Heating Assessment Scarborough: (416) 424-4328
