The Lennox EL297V furnace is a popular choice among American homeowners for its energy efficiency and advanced features. Understanding the EL297V price and installation cost is key for anyone considering a new furnace investment. This guide explores pricing, installation factors, cost comparisons, and what influences overall expenses, offering readers clarity and actionable insights.
Content Navigation
- Lennox EL297V Overview
- Lennox EL297V Price Range
- Installation Cost Factors
- Average Installation Cost Breakdown
- Total Cost: Unit Plus Installation
- EL297V Versus Comparable Furnaces
- Warranty & Long-Term Value
- Regional Price Variations
- Available Rebates & Incentives
- Professional Installation Vs. DIY
- How To Get The Best Value
- Summary Table: Lennox EL297V Price And Installation At A Glance
Lennox EL297V Overview
The Lennox EL297V is a variable-speed, two-stage gas furnace known for high energy efficiency and consistent performance. It features a 97% AFUE rating, making it one of the top solutions in Lennox’s Elite series. Its advanced blower motor and precise temperature control ensure increased comfort and reduced energy consumption.
Key Features
- AFUE Rating: 97%, offers greater fuel efficiency.
- Variable-Speed Blower: Improved comfort and lower noise levels.
- Two-Stage Gas Valve: Better temperature control and higher efficiency.
- Compatibility: Works with Lennox iComfort thermostats and smart home integrations.
- Quiet Operation: Designed with sound-reducing insulation.
Lennox EL297V Price Range
The Lennox EL297V price varies based on capacity, location, and dealer pricing structures. Below is a general price range for the furnace only, without installation:
| Model Size (BTUs) | Estimated Unit Price |
|---|---|
| 40,000-60,000 | $2,400 – $2,800 |
| 70,000-100,000 | $2,850 – $3,300 |
| Up to 120,000 | $3,200 – $3,800 |
Note: Actual prices may vary by region and dealer promotions. Always request a quote from an authorized Lennox distributor.
Installation Cost Factors
Installation cost significantly impacts the project’s overall expenditure and can vary based on various factors. Understanding these helps reduce surprises and properly budget the upgrade.
Key Factors Influencing Installation Costs
- Location: Labor costs are typically higher in urban or high-cost-of-living areas.
- System Complexity: Retrofitting for older homes or non-standard installations adds to labor/parts required.
- Ductwork Modifications: Changes or repairs to existing ducts can increase project costs.
- Permits and Codes: Local building codes and required permits may add to expenses.
- Additional Features: Adding smart thermostats or air purifiers will increase total costs.
Average Installation Cost Breakdown
The Lennox EL297V installation cost typically ranges from $2,500 to $4,200, depending on home size, region, and project complexity. Below is a detailed breakdown of expected costs:
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| Item/Service | Estimated Cost Range |
|---|---|
| Basic Installation Labor | $1,200 – $2,200 |
| Ductwork Modifications | $400 – $1,200 |
| Permits & Inspection | $100 – $350 |
| Removal of Old Furnace | $200 – $400 |
| Thermostat Upgrade | $200 – $400 |
| Optional Indoor Air Quality Add-ons | $200 – $600 |
Tip: Bundling services or negotiating with installers may help lower the total price.
Total Cost: Unit Plus Installation
The combined cost for both the Lennox EL297V furnace unit and installation can vary considerably, but the average homeowner can expect the following:
| Home Size (sq. ft.) | Total Cost Range (Unit + Installation) | Notes |
|---|---|---|
| Up to 2,000 | $4,800 – $6,000 | Standard installation, minimal upgrades |
| 2,000 – 3,500 | $5,200 – $7,100 | Possible ductwork changes |
| 3,500+ | $5,700 – $8,000 | Larger capacity, potential added features |
EL297V Versus Comparable Furnaces
Comparing the Lennox EL297V with similar high-efficiency models provides insight into its market value and unique benefits. Key competitors include the Trane S9V2 and Carrier Infinity 96.
| Brand/Model | AFUE Rating | Unit Price Range | Installed Price Range | Key Features |
|---|---|---|---|---|
| Lennox EL297V | 97% | $2,400 – $3,800 | $4,800 – $8,000 | Variable speed, quiet, smart thermostat compatible |
| Trane S9V2 | 96% | $2,500 – $3,700 | $5,000 – $7,900 | Two-stage, efficient, robust warranty |
| Carrier Infinity 96 | 96.7% | $2,700 – $4,000 | $5,200 – $8,300 | Variable-speed blower, advanced controls |
Lennox EL297V sits competitively with nearly identical features but tends to have a slight edge in AFUE and smart integration.
Warranty & Long-Term Value
A significant part of the Lennox EL297V’s value is its warranty and long-term operating costs. Customers should factor this when comparing offers.
Warranty Details
- Heat Exchanger: Limited lifetime warranty
- Parts: 10-year limited warranty upon registration
- Labor: Typically covered by installer for 1 year, but options exist for extended coverage
High efficiency and reduced energy use mean potential annual savings of 15–25% over older furnaces, justifying higher upfront costs.
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Regional Price Variations
Lennox EL297V price and installation costs differ across the U.S. due to labor rates, supply chains, and climate demands.
- Northeast: Higher average installation due to older housing stock
- Midwest: Demand for powerful systems in cold winters increases price
- South/West: Lower installation costs; milder climate lessens duct complexity
Consulting local Lennox dealers ensures region-specific estimates and available rebates.
Available Rebates & Incentives
To reduce EL297V furnace cost, many homeowners take advantage of rebates, tax credits, and utility incentives targeting energy-efficient upgrades.
- Federal Tax Credits: Up to $600 for Energy Star-certified furnaces
- State/Utility Rebates: $100–$800 depending on program and qualifications
- Seasonal Promotions: Lennox often provides rebates during peak seasons
Combining these can lower installation cost by several hundred dollars.
Professional Installation Vs. DIY
Although DIY installation may seem cost-effective, Lennox EL297V requires professional installation due to its complexity and warranty requirements. Improper installations risk efficiency, safety, and void warranties.
| Route | Pros | Cons |
|---|---|---|
| Professional Installer | Warranty secured, code compliance, optimized performance | Higher up-front labor cost |
| DIY (Not Advised) | Potential labor cost savings | Warranty void, high risk, code violations |
How To Get The Best Value
Getting the most from your Lennox EL297V purchase comes down to smart shopping and selecting the right contractor. Price matching and evaluating installer reputation are key.
- Request Multiple Quotes: Approach at least 3 local LENNOX-approved installers.
- Check Credentials: Confirm licensing, insurance, references.
- Review Warranty/Upsells: Compare extended labor plans and maintenance contracts.
- Ask About Incentives: Maximize local/federal rebate options.
Thorough vetting ensures you pay a fair price while ensuring quality work and eligibility for rebates and warranty.
Summary Table: Lennox EL297V Price And Installation At A Glance
| Factor | Estimated Range | Details |
|---|---|---|
| Furnace Unit Price | $2,400 – $3,800 | Depends on size and dealer |
| Installation Cost | $2,500 – $4,200 | Varies by region and project |
| Total Price Installed | $4,800 – $8,000 | Average range for most homes |
| AFUE Efficiency | 97% | One of the best in class |
| Warranty | 10 years parts, Lifetime exchanger | Upon product registration |
| Potential Rebates | Up to $1,400+ | Federal, state, utility |
This detailed overview clarifies what to expect for Lennox EL297V price and installation cost, empowering informed purchase decisions in the U.S. market.
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.