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While searching for a new furnace, you want to receive a high-efficient unit that produces constant heat even in the farthest corners of your house. We can offer you something better — a furnace that proves its efficiency, saves you money in the long run, and has long-term warranties. All these characteristics are common for Lennox furnaces.
Everything sounds good, but what about their cost? Read our article to learn more about Lennox furnace prices in Canada, what influences them, and which unit suits you better.
Factors Affecting Lennox Furnace Prices
Lennox is one of the top HVAC companies on the market. They offer a variety of furnaces, air conditioners, heat pumps, and indoor air quality products that are enhanced with cutting-edge technologies to make your indoor microclimate more comfortable.
Let’s discover the main factors influencing Lennox furnace prices to ensure their units are worth every dollar spent.
- AFUE. Annual Fuel Utilization Efficiency ratings show how much fuel a furnace needs to produce enough heat. Lennox units have 80%–99% AFUE, which means they save you money on energy bills in a long run.
- Capacity. If you have a big house, you will need a furnace with a higher BTU. Add 30 BTUs for every square foot of your space to ensure even heat.
- Fuel Type. Lennox furnaces run on gas or oil, so choose which type will be preferable for your area.
- Warranty. The company offers a 5–10 years warranty on covered components, 5–10 years on the compressor, and 20 years or lifetime on the heat exchanger.
- Series. Lennox furnaces are divided into three tiers: Lennox Merit® Series, Lennox Elite® Series, and Dave Lennox Signature® Collection. You can choose a unit from any of these to suit your needs and budget.
How much are Lennox furnaces? On average, Canadians spend nearly $5,600 for an installed Lennox furnace. The prices start from $2,900 and can reach $8,300+.
Let’s compare different Lennox furnace models and prices to create a more vivid image of unit costs and benefits.
How Much Do Lennox Furnace Models Cost in Canada
The average cost of a Lennox furnace varies between $3,500–$7,800 with installation included. The final price depends on the tier, size of your home, heating capacity, energy efficiency ratings, smart technologies, and unit special features.
If you keep wondering how much does a new Lennox furnace cost, compare the top Lennox models and their prices in the table below.
Furnace Model | Energy Efficiency | Fuel Type | Warranty | Price |
|---|---|---|---|---|
80%
| Gas | 5 years on covered components
5 years on compressor
20 years on heat exchanger
10-Year Extended Limited Warranty
(available with product registration)
| $3,500–$5,000+
| |
96%
| Gas | 5 years on covered components
5 years on compressor
20 years on heat exchanger
10-Year Extended Limited Warranty
(available with product registration)
| $3,500–$5,000+
| |
up to 95%
| Gas
| 5 years on covered components
10 years on compressor
20 years or lifetime on heat exchanger
10-Year Extended Limited Warranty
(available with product registration)
| $4,500–$6,500+
| |
96%
| Gas | 5 years on covered components
10 years on compressor
20 years or lifetime on heat exchanger
10-Year Extended Limited Warranty
(available with product registration)
| $4,500–$6,500+
| |
up to 80%
| Gas | 5 years on covered components
10 years on compressor
20 years or lifetime on heat exchanger
10-Year Extended Limited Warranty
(available with product registration)
| $4,500–$6,500+
| |
80%
| Gas | 10-Year Limited Warranty on compressor and covered components
20-Year or Lifetime Limited Warranties for heat exchangers
| $6,500–$7,800+
| |
80%
| Gas | 10-Year Limited Warranty on compressor and covered components
20-Year or Lifetime Limited Warranties for heat exchangers
| $6,500–$7,800+
| |
up to 87%
| Oil | 10-Year Limited Warranty on covered components
Limited Lifetime Warranty on heat exchangers
| $6,500–$7,800+
|
Here you can compare a general Lennox furnace price list and choose which variant fits into your needs and budget. After that, let’s continue with a list of benefits you will receive with the company’s equipment.
Benefits of Investing in a Lennox Furnace
Canada’s Lennox furnace prices seem to be quite high, but they are actually a valuable investment into your home efficiency and long-term benefits. We can name several of them that can help you while choosing the best furnace for your home.
- 80%+ AFUE. It means that the unit will require less fuel to keep your house warm during cold days. Moreover, you can save money on energy bills, and qualify for tax credits or rebates.
- Smart Technologies. They guarantee advanced performance and more comfortable use. Smart thermostats, zoning or individual room control, data, and analytics will create the indoor microclimate of your dream.
- Extended Warranties. In general, Lennox offers a 5–10 years warranty on covered components, 5–10 years on the compressor, and 20 years or lifetime on the heat exchanger.
- Environmental Responsibility. Lennox is committed to environmental sustainability, producing energy-efficient products that help reduce greenhouse gas emissions and conserve natural resources.
Although Lennox furnace cost seems to be a significant expenditure of the budget, it allows you to save 38% on energy bills per year, resulting in $15,292 of savings during the next 20 years.
We take great pride in being recognized as an authorized Lennox dealer, which allows us to offer an extensive selection of top-notch Lennox furnaces on our website. You can explore the diverse range of high-quality Lennox furnaces by following the link provided below.
Tips for Saving on the Cost of a Lennox Furnace
Most of the Lennox furnaces have high AFUE ratings and are ENERGY STAR® qualified. It means that you can reduce the final price of Lennox furnaces with special promotions, federal tax credits, or rebates.
They are usually location-based and limited in time, so you need to find out more about possible incentives from your local dealer. The HVAC Service Solutions, as an authorized Lennox dealer, offers up to $7,800 in rebates in the summer of 2023 and a smart thermostat as a gift.
You can read more about possible Lennox rebates in our article via the link https://thehvacservice.ca/lennox-rebates-in-canada-go-green-and-save-your-budget/
If you want to find out how to save up to $10,000 for any type of HVAC equipment, read our article about the Home Efficiency Rebate Plus (HER+) program here https://thehvacservice.ca/how-to-save-money-with-government-furnace-rebates-in-ontario/
Conclusion
Lennox furnace prices installed vary from $2,900 to $8,300+. The cost of the unit can be higher or lower, depending on the unique characteristics of your home.
Enhanced with smart technologies, Lennox furnaces have high AFUE rates, save you nearly $3,823 in 5 years, protect the planet, and serve for up to 20 years.
If you want to know more about Lennox furnaces, installation, and cost-saving tips, contact our team 24/7 via the link.
FAQ About Lennox Furnace Prices
How Much Does a Lennox Furnace Cost?
Cost of a Lennox furnace installed is $3,500–$7,800 on average. The price usually depends on the tier:
- Lennox Merit® Series — $3,500 to $5,000
- Lennox Elite® Series — $4,500 to $6,500
- Dave Lennox Signature® Collection — $6,500 to $7,800+
Other factors affecting the price are AFUE ratings, heating capacity, fuel type, warranties, and unique features of your house.
Why Should I Buy a Lennox Furnace?
Lennox is known for its efficiency, reliability, and long-lasting system lifespan. While investing in the new unit, you also receive the following benefits.
- 80%+ AFUE. You get energy-efficient equipment that produces enough heat with lower energy use.
- Smart Technologies. They ensure advanced use of equipment and special features to enhance your indoor microclimate.
- Environmental Responsibility. Lennox furnaces are designed to upgrade your heating experience while lowering greenhouse emissions and carbon footprint.
As far as most Lennox units are ENERGY STAR® qualified, you can apply for tax credits or rebates to reduce an overall Lennox furnace cost.
How Much Can I Save with Lennox Furnace?
Lennox gas furnace prices vary from $2,900 to $8,300+. In general, you will save nearly $15,292 on energy bills during the next 20 years of system’s lifespan.
Also, you can ask for furnace rebates from your local dealer. In summer 2023, the HVAC Service Solution offers up to $7,800 and a smart thermostat as a gift.
Read more about Lennox rebates in our article https://thehvacservice.ca/lennox-rebates-in-canada-go-green-and-save-your-budget/
You can also save up to $10,000 within the Home Efficiency Rebate Plus (HER+) program.
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