The Lennox EL297V is a high-efficiency gas furnace designed to deliver reliable warmth with advanced control and a variable-speed blower. Price and installation costs for this model can vary widely based on regional labor rates, ductwork needs, existing equipment, and local permitting requirements. Understanding the typical furnace price, the factors that influence installation costs, and potential energy savings can help homeowners make an informed decision. This guide breaks down current pricing trends, what drives costs, and practical steps for obtaining accurate quotes from qualified HVAC contractors.
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- What Is The Lennox EL297V
- Estimated Price Of Lennox EL297V (Furnace Only)
- Installation Cost For Lennox EL297V
- Factors That Affect Price And Savings
- Energy Efficiency And Potential Savings
- Warranty And Reliability
- Getting A Quote: How To Compare Lennox EL297V Pricing
- Maintenance And Longevity
- Key Considerations For Buyers
What Is The Lennox EL297V
The EL297V is part of Lennox’s high-efficiency EL series and features a variable-speed blower for precise airflow and improved comfort. It is designed to achieve a high AFUE rating, often in the upper 90s, which translates to reduced annual heating costs compared with older, lower-efficiency furnaces. The model supports modern controls and is compatible with Lennox and third-party thermostats, zoning, and air-quality accessories. Specific features can vary by configuration and installation, so consulting the exact specifications for your home is important.
Estimated Price Of Lennox EL297V (Furnace Only)
Prices shown below reflect the furnace unit itself, before installation labor and any add-ons. Real-world pricing depends on regional availability, dealer promotions, and configuration options.
- Typical furnace-only price range: $2,800–$4,800
- Premium configurations or additional features: up to $5,500–$6,000
Shopping for pricing requires obtaining multiple quotes because distributors and installers may package features differently. The best approach is to request a detailed line-item estimate that breaks out the furnace price, any required accessories, and the scope of installation work.
Installation Cost For Lennox EL297V
Installation costs for the EL297V can vary dramatically based on whether the home already has a compatible duct system, the condition of existing ductwork, and any necessary gas or electrical work. The following ranges give a sense of typical installed prices, but actual numbers will depend on local labor rates and job complexity.
- Simple replacement with existing ductwork: commonly $4,000–$6,500
- Replacement requiring new or extensive ductwork, venting, or upgrades: $6,500–$12,000
- Additional costs to consider: removal of old equipment, permits, duct sealing, electrical work, and potential gas-line updates
Seasonal demand, accessibility, and existing infrastructure all influence labor time and pricing. homeowners should expect a process that includes an on-site assessment, a written proposal, and a commissioning visit after installation.
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Factors That Affect Price And Savings
- Home size and heating load: Larger homes or higher heat loads require a larger furnace or multiple units, increasing cost.
- Ductwork condition and modifications: Leaky or undersized ducts raise costs for sealing, upgrading, or redesigning air distribution.
- Existing equipment compatibility: Matching control boards, gas piping, and venting with the EL297V affects installation complexity.
- Thermostat and controls: Adding a smart thermostat or zoning adds equipment and wiring costs.
- Regional labor rates and permits: State and local requirements influence total installed price.
- Warranty and service plans: Extended warranties or maintenance plans add upfront costs but can reduce long-term risk.
Energy Efficiency And Potential Savings
The EL297V’s high efficiency can lead to meaningful energy savings, especially when upgrading from older, less-efficient furnaces. While exact savings vary by climate, fuel prices, and usage, the following general guidance applies.
| Scenario | Estimated Impact |
|---|---|
| Old furnace with 80% AFUE in cold climate | Annual heating cost reduction with EL297V could range from 15% to 25%, depending on usage and fuel prices |
| Old furnace with 90% AFUE | Smaller incremental savings, typically 5%–15% |
| High-efficiency upgrade (97% AFUE) with variable-speed blower | Potential payback period commonly 6–12 years, influenced by climate and energy prices |
To estimate potential savings, homeowners can compare current annual heating costs to projected costs after a replacement, factoring in installation costs, energy prices, and local climate. A professional HVAC contractor can provide a detailed savings analysis based on home heat load calculations.
Warranty And Reliability
Warranty terms for the EL297V vary by model configuration and installation specifics. Typical coverage includes a parts warranty for a specified period, with conditions tied to proper system sizing, registration, and regular maintenance. Some configurations offer extended warranties or optional service plans. Because warranty eligibility often depends on installation accuracy and annual tune-ups, choosing a qualified, factory-certified installer is essential to maximizing coverage and reliability.
Getting A Quote: How To Compare Lennox EL297V Pricing
Effective pricing comes from transparent quotes that detail equipment, labor, and any required modifications. The following steps help homeowners secure accurate estimates.
Request Multiple, Detailed Quotes
Ask for line-item quotes that separate equipment price, labor, permits, ductwork, and any add-ons. This makes it easier to compare apples to apples across contractors.
Check Credentials And References
Look for NATE-certified technicians and HVAC contractors with current licenses. Request references and verify carrier or manufacturer certifications for Lennox systems.
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Review Warranties And Maintenance Plans
Understand what is covered by the warranty, how to register, and what maintenance is required to keep coverage valid. Inquire about optional service agreements and routine tune-ups.
Consider Total Cost Of Ownership
Factor in energy savings, warranty terms, potential ductwork improvements, and long-term reliability when evaluating price. A higher upfront cost can be justified by lower operating costs and better comfort.
Maintenance And Longevity
Regular maintenance extends furnace life and preserves efficiency. Annual professional tune-ups, performance tests, and coil and blower cleaning help prevent breakdowns. Homeowners should replace air filters as recommended by the contractor and monitor fuel usage for signs of inefficiency. Properly maintained, high-efficiency models like the EL297V typically deliver many years of reliable service and steady energy performance.
Key Considerations For Buyers
- Sizing matters: An oversized or undersized furnace reduces comfort and efficiency. A professional load calculation is essential.
- Compatibility: Ensure the EL297V configuration aligns with existing ductwork, venting, and controls.
- Scheduling: Plan installation during off-peak seasons to potentially secure better pricing and availability.
- Financing options: Look for promotional financing or utility rebates that can offset upfront costs.
In summary, the Lennox EL297V offers strong efficiency and modern comfort capabilities. Price and installation costs hinge on ductwork, system configuration, and local labor conditions. By obtaining multiple, detailed estimates and considering total cost of ownership—including energy savings and warranty protections—homeowners can make a well-informed decision that aligns with budget and comfort goals.
Tips for Getting the Best HVAC Prices
- Prioritize Quality Over Cost
The most critical factor in any HVAC project is the quality of the installation. Don’t compromise on contractor expertise just to save money. - Check for Rebates
Always research current rebates and incentives — they can significantly reduce your overall cost. - Compare Multiple Quotes
Request at least three estimates before making your choice. You can click here to get three free quotes from local professionals. These quotes include available rebates and tax credits and automatically exclude unqualified contractors. - Negotiate Smartly
Once you've chosen a contractor, use the proven strategies from our guide — How Homeowners Can Negotiate with HVAC Dealers — to get the best possible final price.