Lennox Gas Furnace Buying Guide – Prices, Reviews and Tax Credits

Note: Before you dive into the specific brand review, we highly recommend you to read our elaborate Gas Furnace Buying Guide in advance, there are several crucial steps you need to take before you even start to think about the brand.

The Lennox gas furnace has good appraisals online. It is one excellent option for people with limited space. It is easy to install, and most models can be customized to meet the client specific needs. The easy installation and maintenance are good selling point for Lennox as they claim to have had their engineers install electrical connections for easy left or right connection.


Now let’s see the other key features of Lennox Gas Furnaces:


This is the necessary function for highest efficient(97%-98%) gas furnaces. Modulating is the key to obtaining beyond 95% efficiency. We recommend this function for those of you who plan on living in your home for a long time in winter. For more details, you can read our previous article: Modulating Furnaces: Are They Worth the Money?

Duralok Plus Heat Exchanger

Heat exchanger is the most important component of any gas furnace. Lennox has installed a Duralok Plus heat exchanger that is made of ArmorTuf steel. The ArmorTuf steel is patented and offers energy efficiencies and reliability. You can find a lot of positive feedbacks for this heat exchanger online.

Special Sound-absorbing Material

The materials further reduce the sound leading to a quiet operation. No matter the speed the air is blowing the unit remains quiet.

SureLight Igniter

This is another feature that makes the unit very reliable and durable. Lennox claims the Silicon nitride construction ensures the product lasts for years without regular breakdowns. This might be true, but almost all brands claim their units are reliable and strong.

Related Article: How to Choose Furnace Ignition: Standing Pilot vs. Electric Ignition

Variable Gas Valve

The variable capacity gas valve enables the users to adjust the capacity in very small increments of 1%. This is very important as it allows for precision in the control of temperatures in the house.

Model Analysis

ModelAFUEBlower SpeedStageHeat Exchanger Warranty
SL280V80Variable220 Years
EL28080PSC220 Years
EL180E804120 Years
ML19595PSC Motor120 Years
ML19393PSC Motor120 Years
ML18080PSC Motor120 Years


1.What is the most cost-effective Model For Lennox?
When you’re looking for the most cost-effective heating, the strategy is to find the balance between furnace cost and energy costs. Let’s use the zone map to identify efficiency levels for each that strike that balance:
  • Zones 1 & 2 (hot): 80%      Cost-Effective Model: EL180E ML180
  • Zone 3 (warm): 80%       Cost-Effective Model:EL280
  • Zone 4 (moderate): 90%      Cost-Effective Model:SL280V
  • Zone 5 (cool): 90%-93%      Cost-Effective Model:ML193
  • Zone 6 (cold): 92%-95%      Cost-Effective Model:EL195 ME193
  • Zone 7 (very cold): 95% and up  Cost-Effective Model:SLP98V EL296V EL296E

2. Choose other brands for the short-term house.

Lennox is one of premium brands with higher initial cost. If you have the plan of moving house in less than 5 years, we recommend installing some quality but low-end level brands like Payne, Ruud or Armstrong. Looking for more budget brands? You can check our gas furnace brands guide.

Professional Contractor Review

Specific contractor reviews on gas furnaces are very rare due to the wide array of gas furnace models in the market. It is difficult to review all models on reliability and efficiency as most brands will work for years without a problem. BUT we just interviewed Kobie who is the after-sale manager who has 20+ years experience for Lennox, Goodman and Heil furnaces.

I have worked in the commercial and residential HVAC field for many years, and I know that a significant percentage of furnaces failures are as a result of poor installation and very cheap units. The Lennox Merit series has proven to be a piece built on high quality and reasonable price. I have installed this model for my cousin for eight years, and had any major failures. The Lennox gas furnace might not beat the Goodman, the Carrier or the Heil in the price but can do an excellent job of heating and cooling your home. Some consumers have reported the Lennox gas furnaces breaking down almost every year during the winter season. This might be true, but most breakdowns are associated with the poor installation of the units.

-Kobie from Uuder Comfort Heating & Cooling Inc

Note For Lennox Furnace Parts

It is worth noting that all Lennox’s parts are proprietary. The parts are three times as expensive as other parts which you can easily find in the market. So if you choose Lennox Furnace, we strongly recommend you purchase the extended warranty with the labor fee included.

Lennox Gas Furnace Prices By Model

We need to set an equal baseline before we can list the prices for each Lennox model. In this list, each furnace includes the same parameters: 70,000-75,000 btu with 1000 cfm blower which is mid-sized home of around 2,000 square feet, 10 year warranty exclude labor fee.
The Unit Only price is the online wholesale price without shipping fee. The Unit Installation Cost include gas furnace unit, all the material for the house and labor fee.

Unit Only
Unit Installed Cost
Lennox SLP98V $2,150
Lennox SL280V $1,750
Lennox EL296V $1,900
Lennox EL296E $1,950
Lennox EL280 $1,700 $2,900
Lennox EL195E $1,800 $3,450
Lennox ML195 $1,800 $3,450
Lennox  ML193 $1,620 $3,200
Lennox EL180E $1,250 $2,450
Lennox ML180 $1,150 $2,350

Lennox Gas Furnace Submitted Prices

We will not edit any words from submitted feedback information. We will update this table every 3-6 months and you may not see your submitted review immediately. Only fake and unreasonable submitted information will be filtered.

Brand & Model & Size
Home Location
Home Size
$1,739 unit only SLP98V Vancouver B.C. 2500 sqft
I did a replacement of a twelve-year-old York gas Furnace with my Dave Lennox model. The old furnace had cracked the heat exchanger causing the unit numerous repairs at a very high cost. I did my research on Lennox and chose this model because of its high efficiency, and the price is manageable as well given the good performance. The furnace is quiet during operation not like the York that I had before which was too noisy. The unit has run without flaws so far for one year, and I have not done any repair or replacement, am happy with it. I would recommend this brand to any person who wants a top notch furnace at a manageable price
$1,899 unit only Signature SL280V Wilmington DE 1900 sqft
My son bought this Signature SL280V Lennox gas furnace about two years ago. It’s a heavy duty furnace and an energy star rated which makes it admirable. The disadvantage I see on this furnace is the much difficulty I had during the installation process. I was forced to deep my pockets and pay a technician to do the installation which was done perfectly well that I think it was somehow worth it. The warranty is impressive, and the heat exchangers are of high quality. The price is worth the results you get from the real performance of the unit. I am yet to have any problems with my unit, and I don’t hope for any problems soon. Lennox is the brand to choose.
$4,450 installed Elite G61 Canada 1600 sqft
As a contractor, I have worked with Lennox for quite a long time. Personally, I have installed two units of this brand for myself and tens of customers in different places. I sell Lennox furnaces because they are durable and rarely break. As long as the installation was performed well, then your furnace will operate and serve you for long without needing repairs and replacements. The price is just fine, be considering the high efficiency of this unit. I would recommend this to many of my customers and anyone else who needs a gas furnace that will last long and give you value for your money.
$3,990 installed Elite G60 New York 2400 sqft
I bought Dave Lennox Elite G60 series last year after my mum suggested that I try this brand. My unit runs perfectly from the first day and no repairs or replacements so far. The warranty is excellent. The furnace warms the house evenly, and my gas bill has gone down during the time I have had this furnace.
$4,230 installed Lennox Merit ML 195 Helena, Mt 2600 sqft
After numerous research for the best gas furnace regarding price and performance finally settled for this model. I met a contractor who took me through all the specifications of this model and then installed the unit for me. My experience with Lennox has been great, and I would buy this brand again and again. I have had my f for five years now, and no single repair plus the unit runs quietly that you cannot notice whether it’s functioning or not. You know what he was right; I haven’t had a problem with mine for years.
$5,300 installed Merit ML180 Port Williams Canada 2800 sqft
 Installed in 2014 and the price is a little high compared to your website price list. So far the performance is fine.


How to Get the Best Lennox Gas Furnace Prices?

  • Firstly, keep in mind that installation quality is always the most important thing for a gas furnace project. So never sacrifice contractor quality for lower price.
  • Secondly, remember to look up the latest tax credit and rebates.
  • Thirdly, ask for at least 3 bids before you make the decision. You can click here to get 3 free estimates for you local contractor, and this estimate already takes rebates and tax credit into consideration and filter unqualified contractors automatically.

At last, once you chose the right contractor, remember to use the tactics from this guide: homeowners tactics when negotiating with HVAC dealer to get the final best price.

Feel free to ask any question by leaving a comment, we will answer any question with actionable tips.

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