When planning to upgrade or install a new heating system, understanding Lennox furnace prices installed helps homeowners budget effectively. Lennox is renowned for high-quality furnaces that offer efficiency, reliability, and advanced features, but installation costs vary based on units and home specifics. This guide provides an in-depth look into Lennox furnace models, pricing factors, installation costs, and what to expect when investing in a Lennox heating solution.
| Furnace Model | Heating Capacity (BTUs) | AFUE Efficiency | Estimated Installed Price Range |
|---|---|---|---|
| Lennox ML193 Furnace | 40,000 – 110,000 | 95% | $3,500 – $5,000 |
| Lennox EL296 Furnace | 40,000 – 110,000 | 96% | $4,000 – $6,200 |
| Lennox EL296E Furnace | 40,000 – 110,000 | 96.7% | $4,500 – $6,800 |
| Lennox SLP98V Furnace | 40,000 – 110,000 | 98.7% | $5,500 – $8,500 |
Factors Influencing Lennox Furnace Prices Installed
The total cost of a Lennox furnace installed depends on several variables. These include the furnace model, heating capacity, efficiency rating, installation complexity, existing ductwork condition, and geographic location. High-efficiency models tend to cost more upfront but can save homeowners money on energy bills over time.
Installation costs also vary based on labor rates within different regions and the necessity for additional equipment such as thermostats, venting systems, or electrical upgrades. Homes requiring modifications to accommodate a new furnace usually face higher installation costs.
Lennox Furnace Models and Their Pricing Overview
ML193 Furnace
The ML193 is a cost-effective option featuring a 95% AFUE efficiency rating. This model is ideal for homeowners seeking a balance between performance and budget. Typical installed prices range from $3,500 to $5,000.
EL296 and EL296E Furnaces
Offering 96% and 96.7% AFUE respectively, the EL296 series furnaces combine efficiency with enhanced comfort features. Installed costs range between $4,000 to $6,800, varying based on specific model and installation requirements.
SLP98V Furnace
As Lennox’s premium furnace model, the SLP98V boasts a 98.7% AFUE efficiency rating and advanced variable-capacity technology for optimal energy savings and comfort. Installation costs generally fall between $5,500 and $8,500.
Installation Cost Breakdown
| Cost Component | Typical Range | Description |
|---|---|---|
| Furnace Unit | $2,500 – $6,000 | Based on model and size |
| Installation Labor | $1,000 – $3,000 | Includes removal of old furnace and setup |
| Ductwork Modification | $500 – $2,000 | Depends on condition and complexity |
| Additional Accessories | $200 – $600 | Thermostats, venting, electrical upgrades |
Energy Efficiency and Long-Term Savings
Lennox furnaces with higher AFUE ratings provide better energy efficiency. Models like the SLP98V can reduce heating bills by up to 20% compared to conventional furnaces. While higher efficiency units have larger upfront costs, the energy savings and possible rebates or tax incentives make them cost-effective over the furnace’s lifespan.
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Homeowners should consider both initial costs and long-term expenses when selecting a furnace, balancing comfort, energy savings, and budget.
Choosing the Right Lennox Furnace for Your Home
- Size and Capacity: Selecting a furnace sized appropriately to your home’s square footage and insulation.
- Efficiency Needs: Higher AFUE models for cold climates maximize savings.
- Budget Constraints: Evaluate all installation factors and define a realistic budget.
- Technological Features: Variable-speed blowers and smart thermostats improve comfort and efficiency.
Tips to Lower Lennox Furnace Installation Costs
- Obtain multiple quotes from licensed HVAC contractors for competitive pricing.
- Schedule installation during off-peak seasons or promotional periods.
- Consider financing plans or manufacturer rebates for Lennox furnaces.
- Maintain existing ductwork to avoid costly upgrades.
- Invest in regular maintenance to maximize furnace lifespan and efficiency.
Warranty and Support for Lennox Furnaces
Lennox offers strong warranties on their furnaces, typically including a 10-year limited warranty on heat exchangers and 5-10 years on parts. Extended warranties and maintenance plans from certified installers provide additional peace of mind.
Access to a nationwide network of authorized Lennox dealers ensures professional support, ensuring the installed furnace operates at peak performance for years.