40,000 BTU furnaces

Every certified furnace at this input rating, gas and oil, ranked by AFUE — the share of fuel that becomes heat in the house.

Data current as of July 12, 2026 · 388 certified units · source AHRI + ENERGY STAR

Which efficiency tier is worth buying at this size?

Furnace installed cost tracks the efficiency tier, not the size — so the decision at any input rating is which tier to buy, and there are two steps. Running costs below come from the certified units at this size over a 40 MMBtu season, the default our operating-cost calculator uses.

Step 1 · 80% → condensing

15-year payback

About $2,000 more to install, saving $133 a year in gas. Inside the life of a furnace — this step is worth taking.

Step 2 · condensing → modulating

Never

Another $2,750 to install for $12 a year. The gas saving is nearly nothing because the first step already captured it — buy this tier for quiet, even heat and better humidity control, not for the bill.

At this size

210 of 388

certified units are condensing (90%+ AFUE), running about $707 a year against $840 for the 80% band.

Install bands are US national typical for a like-for-like swap, compiled 2026-07-16; a condensing furnace also needs new PVC venting and a condensate drain, which is part of why the step costs what it does. Gas cost per MMBtu is computed from certified AFUE and EIA average prices — see our methodology.

Highest AFUE in this group

GE NF97X040V3BR

AFUE 97.5 · $17.23 per MMBtu to run.

Not on Amazon. Sold through installers. You can buy the filter and a smart thermostat for it yourself.

AFUE is the share of fuel a furnace turns into heat in your home. 96% AFUE wastes 4 cents of every dollar.

Every unit here is the same input rating, so the ranking is efficiency at a fixed size. Sizing is a heat-loss calculation, not a rule of thumb — a bigger furnace short-cycles rather than heating better.

The 20 highest-AFUE of 388 certified units · 1 with a verified place to buy

Brand & model AFUE Input Fuel$/MMBtu Buy
GE NF97X040V3BR 97.5 40,000 BTU Natural Gas, Propane Gas $17.23 installer
PHANTOM B97UR402V3BX 97.5 40,000 BTU Natural Gas, Propane Gas $17.23 installer
AIREASE A97US2V040B12X 97.5 40,000 BTU Natural Gas, Propane Gas $17.23 installer
LENNOX SL297UH040NV36B 97.5 40,000 BTU Natural Gas, Propane Gas $17.23 installer
DAIKIN DR96TC0403BN 97.5 40,000 BTU Natural Gas, Propane Gas $17.23 installer
GOODMAN GRVT960403BN 97.5 40,000 BTU Natural Gas, Propane Gas $17.23 Buy
THERMAL ZONE TZ97UP2V040B3SA 97.0 42,000 BTU Natural Gas, Propane Gas $17.32 installer
FUJITSU FF97TV304017UPS 97.0 42,000 BTU Natural Gas, Propane Gas $17.32 installer
DURASTAR DR97UPAW0402317S 97.0 42,000 BTU Natural Gas, Propane Gas $17.32 installer
RHEEM R972V0403A17UPS 97.0 42,000 BTU Natural Gas, Propane Gas $17.32 installer
LENNOX ML297UH045XV36B 97.0 44,000 BTU Natural Gas, Propane Gas $17.32 installer
GE NF97U030T2BR 97.0 30,000 BTU Natural Gas, Propane Gas $17.32 installer
GE NF97D045T3BR 97.0 44,000 BTU Natural Gas, Propane Gas $17.32 installer
GE NF97U045T3BR 97.0 44,000 BTU Natural Gas, Propane Gas $17.32 installer
GE NF97U045V3BR 97.0 44,000 BTU Natural Gas, Propane Gas $17.32 installer
COMFORT-AIRE GUH97T045B3MP 97.0 44,000 BTU Natural Gas, Propane Gas $17.32 installer
CONCORD 97G2UH030BE08 97.0 30,000 BTU Natural Gas, Propane Gas $17.32 installer
AIREASE A97UH2E030B08S 97.0 30,000 BTU Natural Gas, Propane Gas $17.32 installer
PHANTOM B97DR452E3B 97.0 44,000 BTU Natural Gas, Propane Gas $17.32 installer
PHANTOM B97UR452E3B 97.0 44,000 BTU Natural Gas, Propane Gas $17.32 installer

Showing the top 20 by AFUE. All 388 certified units in this group are filterable in the full database — we rank here rather than dump, because a table nobody can read is not a resource.

Capacity and efficiency are AHRI-certified values; $/MMBtu is computed by us from EIA energy prices — see methodology. Input rating is the fuel the burner consumes; output is lower by exactly the AFUE.