Lowes Furnace Installation, Costs, Reviews (2024 Prices)

Typical Cost To Install 95% AFUE Furnace Average: $5,210 - $6,430
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If you’re looking to install a high-quality furnace in your home and don’t know where to begin, Lowe’s is a great place to start.

Each Lowes furnace is from a reputable brand, such as Winchester, MRCOOL, and ROYALTON, renowned for manufacturing durable and energy-efficient units.

Moreover, the company provides installation services from vetted, licensed, and insured local contractors, guaranteeing top-notch work.

Does Lowes Do Furnace Installation?

Lowe’s does not provide furnace installation services themselves. However, the company maintains a database of licensed and insured local contractors and matches them to customers on demand.

Average Costs For:
Most Homeowners Spent Between: Most People Spent: $3,960 - $5,730
Low End
High End

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There are a few reasons why a homeowner may want to work with a Lowe’s furnace contractor rather than sourcing one themselves.

For one, they are background-checked, licensed, and insured, saving you from any potential liability or risks associated with working with an unqualified contractor.

It also spares you the hassle of vetting the installers yourself.

Secondly, these contractors work with Lowe’s furnace often, meaning they are experienced and know what they’re doing.

Lastly, Lowe’s provides a labor guarantee that provides added peace of mind because you can file a claim if you run into any issues with the unit after installation.

Did you know? The word “Furnace” is coined from the Greek word “Fornax,” which means oven.

Lowes Furnace Installation Process

Lowe’s furnace installation process is pretty straightforward.

Below is a breakdown of how it works:

Request a Free Appointment

Go to the Lowe’s website and fill out the installation service form to schedule an appointment.

One of their team members will contact you within two business days.

They will schedule an in-home appointment and send a professional installer to assess your home and heating requirements.

Once the assessment is complete, they will provide you with various options that suit your budget and needs and recommend a suitable system for your home.

Be sure to ask any questions regarding the recommended system before proceeding.

You must understand its technical specs, including the noise level, fuel type, capacity, and efficiency rating.

You should also address any concerns regarding monthly energy savings at this stage.

If you’re comfortable with the recommended system, the service provider will give you a customized quote which you must approve to proceed to the next step.

If you’re on the same page about the project’s cost, the service provider will schedule an installation date based on your availability and preferences.

Let the Company Complete the Installation

Lowe’s will send an independent local contractor to your home with all the equipment and necessary tools required to complete the installation.

Once they have finished the work, they will walk you through the manufacturer’s tips for care and maintenance.

They will also guide you through the warranty terms and the procedure for filing a claim.

They will clear the premises and leave once everything is in good working order.

How Much Does Just A Furnace Cost At Lowe’s?

Typical Cost To Install 95% AFUE Furnace Average: $5,210 - $6,430
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The cost of a furnace from Lowe’s depends on various factors.

These include the type of fuel used, the capacity, the brand, the efficiency rating, and so on.

Lowe’s offers two main types of furnaces: gas furnaces and electrical furnaces.

On average, the cost of gas furnaces at Lowe’s ranges between $900 and $3,961, while that of electrical units ranges between $1,482 and $1,952.

Larger and highly efficient units fall on the higher end of the price scale and vice versa.

Did you know? The size of furnaces is measured in British Thermal Units (BTUs), which refers to the amount of heat required to warm a space.

Lowes Furnace Cost Breakdown

The amount you pay for a Lowe’s furnace depends on various factors.

Below is a closer look at these factors and how they affect the project’s final budget.

Lowes Furnace Cost By Fuel Type

Typical Cost To Install 95% AFUE Furnace Average: $5,210 - $6,430
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Three main fuel types used to power furnaces include electricity, natural gas, and oil.

The type of fuel you choose will influence the cost of the furnace and the energy savings you will earn in the long term.

Lowe’s only offers gas and electric furnaces.

Lowe’s Furnace Cost of Equipment Cost for Labor Average Total Cost of Installation
Gas Furnace $900-$3,961 $280-$800 $1,181-$4,761
Electrical Furnace $1,482-$1,952 $280-$800 $1,762-$2,752

Electric Furnaces

These furnaces utilize heat coils to warm the air.

Once the air is warm, it’s distributed throughout the home through the installed vents and ducts.

The energy consumption of electrical furnaces is measured in kilowatts.

While these furnaces are excellent at keeping the home warm, they consume a lot of energy, making them suitable for regions with mild winters.

Electric furnaces are also affordable, with units at Lowe’s starting as low as $1,400.

Gas Furnaces

The cost of gas furnaces at Lowe’s ranges between $900 and $3,900.

High-end options from other brands can cost as much as $7,000.

While these models are relatively more expensive than electric units, they don’t consume much energy.

As a result, you’ll earn significant energy savings in the long term.

In addition, gas furnaces are suitable for places that experience extreme winters because the heat produced by gas tends to feel warmer than heat produced by other fuel types.

Therefore, a homeowner can maintain a comfortable space while using less energy.

Unfortunately, Lowe’s does not sell oil furnaces. But that’s expected because oil furnaces are slowly getting phased out due to their negative environmental impact.

In fact, oil furnaces are now banned in some countries, including Canada.

Lowes Furnace Cost By Efficiency

The more efficient a furnace is, the more expensive it is.

The efficiency of a furnace unit is indicated by its Annual Fuel Utilization Efficiency (AFUE) number.

This figure represents the percentage of fuel that goes into heating your space per year.

For instance, a gas furnace with an AFUE rating of 98% uses 98 BTUs to heat your home for every 100 BTUs of fuel provided. The remaining two BTUs are usually dissipated to outdoor spaces through flue emissions.

A greater AFUE equates to high efficiency, which also means the homeowner will save a lot of money on heating bills.

Generally, we recommend installing a unit with more than 90% efficiency.

However, prepare to pay top dollar for such units.

Below is a quick breakdown of how much furnace units cost depending on the level of efficiency:

  • Standard efficiency: $950-$1,900
  • Moderate efficiency: $1,000-$3,000
  • High efficiency: $2,550-$5,000

Did you know? Most of the furnaces on the market have an AFUE rating of 80, meaning they are 80% efficient. This is following the Energy Independence and Security Act of 2007 which dictates that furnace units must have an efficiency rating of at least 78 to 80% to avoid energy wastage.

Lowes Furnace Cost By Size

The appropriate furnace size for your home is determined by the size of your house and the climate zone you reside in.

Furnaces are sized according to their heat production capacity, which is measured in British Thermal Units (BTUs) per hour.

Typically, 30 to 60 BTUs are required to heat a single square foot of space.

The more extreme the climate is where you live, the more BTUs are required per square foot.

So, the first step in determining the correct furnace size for your home is to measure the home’s dimensions in square feet.

The next step is to verify your climate zone. To do so, refer to the climate zone map posted on the US Energy Information Administration website.

Here’s a quick breakdown of how many BTUs should be allocated to one square foot based on the climate zone:

  • Zone 1: 30 to 35 BTUs
  • Zone 2: 35 to 40 BTUs
  • Zone 3: 40 to 45 BTUs
  • Zone 4: 45 to 50 BTUs
  • Zone 5: 50 to 60 BTUs

Now that you know the required number of BTUs per square foot in your region, multiply it by your home’s square footage to determine the capacity of the appropriate furnace.

For example, a 2,000-square-foot home in Central Alaska, a region situated within a Zone 7 climate, will require a furnace with a capacity ranging from 60,000 BTUs to 70,000 BTUs or more.

Fortunately, there are a lot of websites that can help you determine the appropriate number of BTUs for your home. Simply enter the required details, and the BTU calculator will do all the math for you.

Of course, other factors, such as the insulation level of the home and the sun exposure of the rooms in the house, will also impact the size of the furnace you’ll need to buy.

Your best bet is to hire an expert to assess your home and recommend the appropriate furnace size after accounting for all the variables.

Knowing the right furnace size to buy will help you curate a more accurate budget for the entire project.

Below is a quick reference of the average cost of furnaces at Lowe’s based on their BTUs capacity:

  • 30,000 BTUs: $1,482-$1,600
  • 40,000 BTUs: $1,670-$2,000
  • 50,000 BTUs: $1,700-$2,500
  • 60,000 BTUs: $1,95-$2,800
  • 80,000 BTUs: $2,452-$3,000
  • 100,000 BTUs: $3,961-$5,400

From the above prices, you notice that the higher the furnace capacity, the more you’re likely to pay.

However, that’s not always the case.

A small-sized furnace with a very high efficiency may still be more expensive than a larger furnace with a lower efficiency.

The price can also significantly vary depending on the brand.

For instance, the price of a 40,000 BTU furnace from ROYALTON may differ from a same-sized furnace from Winchester.

So, as you can see, many factors determine the price of a furnace.

Pro Tip: An oversized furnace will heat your home too quickly, causing frequent cycling. As a result, some areas in the house will feel too hot while others remain too cold. The frequent cycling will also cause wear and tear and, eventually, a total breakdown. An undersized furnace isn’t advisable, either. It will overwork but still not heat the home properly. Unfortunately, both scenarios result in high energy usage. Your best bet is to hire an expert that can properly size the furnace based on your home’s size and heating requirements to ensure optimal heating and efficient energy consumption.

Labor Cost Of A Lowes Furnace

The labor to install a Lowe’s furnace depends on various factors, such as the complexity of the work and the wages in your state.

But the average cost of installing a furnace ranges between $70 and $100 per hour.

Considering that the average timeframe for installing a furnace in residential home can take from four and eight hours, the total labor cost will be between $280 and $800.

If the installer works with an assistant, you will pay an additional $50 per hour, which translates to an additional $200 to $400.

From the above cost breakdown, the average cost of installing a Lowe’s gas furnace in a home ranges between $1,181 and $4,761, whereas that of an electric furnace is between $1,762 and $2,752.

There may be a few hidden costs associated with installing a Lowe’s furnace.

For instance, some states require obtaining various permits before starting the project.

You might also be charged for a site inspection before the project commences.

These activities might cost you an additional $200 to $300.

Pro Tip: The general rule of thumb is to add an extra 10 to 15% to the final budget to cushion yourself against price fluctuations and hidden costs.

Typical Cost To Install 95% AFUE Furnace Average: $5,210 - $6,430
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Does Lowes Sell Furnace Parts?

Yes, Lowe’s sells various furnace parts, including heat exchangers, the bowel, and the burner, also called heating elements.

What Is The Price Of A Good Furnace In General?

The price of high-quality furnaces on the market can be anywhere from $2,000 to $4,000.

What’s better, you can get furnace units with efficiencies as high as 98% at this price range, but they tend to fall on the higher end of the spectrum.

Are Lennox Furnaces Good?

Lennox is a well-known brand in the heating and cooling industry, and its furnaces are considered premium quality.

The company was founded in 1895 and is known for producing high-quality, energy-efficient air conditioning products.

Apart from furnaces, the company also manufactures highly efficient heat pumps and air conditioners.

Lennox furnaces boast one of the highest AFUE (Annual Fuel Utilization Efficiency) ratings on the market, making them suitable for homeowners who want to save money on their monthly energy pills.

They offer a range of gas and electric furnaces with various efficiency levels and features to suit different needs and budgets.

One of the main disadvantages of Lennox furnaces is that they are noisier than most other models on the market.

While most furnaces produce a noise level between 50 and 60 decibels, Lennox furnaces average range is 70.

Its quietest furnaces operate at 59 decibels which is still higher than the market’s average.

If you prefer a quiet furnace over anything else, you’re probably better off with another brand.

Are Lennox Furnaces Expensive?

Surprisingly, the price of Lennox furnaces is comparable to most brands.

Below is a quick breakdown of the average cost of various models of Lennox furnaces:

  • Lennox ML180: $1,148
  • Lennox EL180E: $1,370
  • Lennox ML193: $1,600
  • Lennox EL280: $1,680
  • Lennox SL280V: $1,720
  • Lennox ML195: $1,830
  • Lennox EL296E: $1,940
  • Lennox SLP98V: $2,370

Please note that the above prices account for equipment only.

Most furnaces on the market are priced between $900 and $2,452.

However, high-end options, such as the Winchester 100,000 BTU 96% efficient gas furnace, cost as much as $3,961.

So it is safe to say that Lennox furnaces are competitively priced, not expensive.

In addition, many homeowners consider Lenox furnaces worth the price because they yield significant energy savings in the long term.

Did you know? The average lifespan of traditional furnaces is between 18 and 25 years. However, highly efficient units have a lifespan of 15 to 20 years. Highly efficient units may not last long, but they will generate significant cost savings over their lifetime compared to their counterparts.

Invest In The Comfort Of Your Home With Lowes Furnace

A high-quality furnace will boost the comfort of your home, especially if you live in extremely cold areas.

Fortunately, Lowe’s is a great place to start for those looking to install or replace the existing furnace in their home.

For one, the company lists furnaces from reputable brands, so you can rest assured you will find a good furnace regardless of your budget and heating requirements.

Secondly, Lowe’s maintains a database of thoroughly vetted, insured, licensed, and background-checked local contractors, saving you the hassle of having to vet contractors on your own.

Working with Lowe’s contractors also eliminates the risks associated with working with unqualified professionals, such as poor installation and overcharging.

Even better, the installation labor is guaranteed, providing you the security to file a claim if any issues arise.

It should go without saying that regardless of the company’s good reputation, you must thoroughly research the furnace you are about to buy before ordering.

Read the reviews online and understand specs such as noise level, monthly energy savings, efficiency ratings, and expected lifespan before ordering.

Also, read and understand the warranty terms to know the procedure for filing the claim if any issues arise.

Typical Cost To Install 95% AFUE Furnace Average: $5,210 - $6,430
See costs in your area

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