Average Annual HVAC Cost for Vancouver Homes — Budget Guide
Published: July 23, 2026 — CANRO Heating & Cooling — Greater Vancouver, BC
Average Annual Energy Costs
Natural gas heating: $800-1,500/year depending on home size, furnace efficiency, and thermostat settings. Gas water heating: $250-450/year. Electricity for heat pump: $600-1,200/year (includes all heating). Electricity for AC or heat pump cooling: $100-300/summer. Total annual energy for heating and cooling: $1,000-2,000.
Maintenance and Repair Budget
Annual maintenance: $150-300 per system (furnace $150-250, boiler $180-300, heat pump $180-300). Average annual repair cost: $200-500 (some years zero, some years $800+). Plan for $400-800/year in combined maintenance and repairs. Maintenance plan: $200-400/year covers one tune-up and includes discounts.
Replacement Savings Goal
Furnace: save $50-75/month once it reaches 12 years old (target $3,500-6,500). Boiler: save $75-100/month at 12 years ($4,500-8,000). Water heater: save $25-50/month at 8 years ($1,200-3,500). Heat pump: save $150-200/month at 10 years ($8,000-14,000). Building your replacement fund gradually avoids financial stress when equipment fails.