2023 Costco Furnace Installation, Cost, Pros & Cons, Reviews

Typical Cost To Install New Furnace Average: $4,360 - $7,450
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Costco is a popular multinational company that operates a chain of membership-based warehouses.

Property owners often  go with Costco Furnace installation due to the company’s excellent reputation and great product selection. 

If you are ready to replace your furnace, contact your local HVAC pros for FREE ESTIMATES!

Does Costco Install Furnaces? 

Average Costs For:
Most Homeowners Spent Between: Most People Spent: $4,160 - $5,730
Low End
$3,970
Average
$4,720
High End
$6,490

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Many homeowners prefer furnace and air conditioning units over other home heating systems – such as boilers, solar heating, and heat pumps – due to their reliability, low maintenance, and long lifespans.

Property owners who want to buy a furnace will be happy to know Costco offers furnaces manufactured by Lennox.

Through Costco, you can schedule a free consultation with a professional who will come to your home, inspect it, and recommend the best unit based on your needs and preferences.

You’ll often see that Costco provides installation services, so it’s natural to wonder whether that’s the case with furnaces.

While you can arrange an installation through Costco, it’s important to understand that it won’t be performed by Costco employees.

Namely, Costco works with Lennox dealers and certified contractors, and they are the ones you’ll work with to purchase and set up your furnace. 

Did you know? Costco has more than 847 warehouses worldwide. 

Average Costco Furnace Installation Cost 

Lennox units are known to have a higher price due to their exceptional quality and energy efficiency.

Hence, many homeowners wonder about the average total cost of setting up the units. 

Before discussing the price, we need to mention that Lennox units come in a wide range of prices depending on their tier.

Typical Cost To Install New Furnace Average: $4,360 - $7,450
See costs in your area

Lennox divides its units into three series: Merit, Elite, and Dave Lennox Signature

Series Unit Price Installation Cost Total Cost
The Merit Series $2,161-$4,921 $926-$2,109 $3,087-$7,030
The Elite Series $4,057-$7,116 $1,738-$3,049 $5,795-$10,165
The Dave Lennox Signature Series $4,522-$7,747 $1,938-$3,320 $6,460-$11,067

The Merit Series 

The Merit series features products with the lowest prices.

The average cost of installing these units ranges between $3,087 and $7,030.

Keep in mind that labor accounts for around 30% of the total cost. So, if the final cost is $5,500, the unit’s price is approximately $3,850, while the rest ($1,650) is labor. 

The Elite Series 

The Elite series features mid-range models ideal for homeowners who want a high-end model and enjoy exceptional energy efficiency.

You may notice a wide price range for the units belonging to the Elite series. This is mainly because the Costco’s furnaces in this tier includes both single-stage and two-stage models.

Plus, some furnace models feature a constant torque motor, while others have a superior, valuable-speed one. 

If you want a furnace from the Elite series, you’ll need to pay between $5,795 and $10,165.

This price includes the unit and the installation cost. The unit’s price is usually around $4,057-$7,116, while labor costs $1,738-$3,049

The Dave Lennox Signature Series 

Homeowners who want the best quality, durability, efficiency, and warranty should look into the Dave Lennox Signature series furnace units.

These furnaces are some of the highest-performing models on the market, including a unique, premier one with 99% efficiency. 

The average cost of installing a Dave Lennox Signature furnace ranges between $6,460 and $11,067. The unit costs around 70% of the total price ($4,522-$7,747), while the rest ($1,938-$3,320) is labor. 

Additional Cost Factors

Keep in mind that the unit you choose isn’t the only factor affecting the final costs.

How much you’ll need to pay depends on the contractor, your location, and local costs of living.

Moreover, you’ll need to pay extra if you have an old unit you want to remove. Removal costs typically range between $57-$475, depending on the project’s complexity. 

Another factor you should consider when installing a Lennox unit is different add-ons.

Lennox offers a wide range of extras that make using and controlling a furnace much more convenient.

Here are the most popular add-ons and their prices: 

  • Smart thermostats – Lennox manufactures smart thermostats called iComfort thermostats. The different thermostat models correspond to a specific series. Merit furnaces use M30 thermostats, Elite furnaces use E30, while Dave Lennox Signature furnaces use S30 thermostats. As you may assume, S30 thermostats are the most sophisticated. They offer various convenient features, like outdoor air quality monitoring, automatic fan setting adjustments, active system monitoring, and voice control. Smart thermostats cost between $233 and $713
  • Programmable thermostats – Lennox calls its programmable thermostats ComfortSense thermostats. These thermostats aren’t as advanced as iComfort models because they don’t offer Wi-Fi connectivity. Still, programmable thermostats let you configure different schedules to reduce costs and maximize efficiency. Depending on the model you choose, you can enjoy features like dual fuel operation control, energy reports, maintenance reminders, sleep mode, etc. The price of programmable thermostats ranges between $95 and $285
  • Air purifiers – Homeowners concerned about indoor air quality shouldn’t hesitate to purchase an air purifier. Lennox offers a wide range of these products, including PurAir and PureAir S systems. These systems guarantee high air quality by removing dander, pollen, allergens, and pathogens from the air. The average price of Lennox air purifiers is $1,187-$2,375, depending on the model. 

Did you know? Lennox manufactures hospital-grade HEPA filters, media air cleaners, and UV germicidal lights.

Average Costs For:
Most Homeowners Spent Between: Most People Spent: $4,160 - $5,730
Low End
$3,970
Average
$4,720
High End
$6,490

See costs in your area Start Here - Enter Your Zip Code


Lennox Heating And Air Conditioning Systems 

As mentioned, Lennox divides its heating and air conditioning systems into three tiers: Merit, Elite, and Dave Lennox Signature.

We’ll discuss all three to help you make an informed decision. 

The Merit Series 

If you’re looking for affordability combined with high quality, choose units from the Merit series.

These units are ideal for homeowners with a limited budget who want to enjoy the prestige and excellent reputation of the Lennox name. 

The units of this series come with varying efficiency, some with Energy Star certification.

If you choose a Merit unit, you’ll get a five-year warranty on the parts and the compressor and a 10-year warranty on the heat exchanger

The Elite Series 

Homeowners who want a mid-range model with exceptional energy efficiency and great warranty terms should look into the Elite series. 

The Elite series units feature a five-year warranty on parts, a 10-year warranty on the compressor, and a 20-year or a limited lifetime warranty on the heat exchanger, depending on the model. 

The Dave Lennox Signature Series 

Dave Lennox Signature products are the best furnace units Lennox has to offer.

These systems have premium performance and generous warranty terms and don’t harm the environment

Furnace models from this series are extremely quiet, feature low emission ratings, and can be two-stage or modulated.

These units carry a hefty price tag. However, many homeowners are more than willing to pay extra because the models are highly efficient and durable

The Costco Furnace Installation Process

Typical Cost To Install New Furnace Average: $4,360 - $7,450
See costs in your area

As mentioned, you can purchase a Lennox furnace through Costco.

The process is quite simple and requires only a few actions on your end. 

The first thing you need to do is set up an in-home consultation.

You can do this by filling out an online form or by calling the number on Costco’s website.

After you request a consultation, a professional will contact you to come to your home and discuss your needs and preferences. 

Once you decide on everything, you’ll receive a confirmation of the costs and other details regarding your order.

Then, you can set up the installation of your furnace

Pro Tip: Feel free to ask questions when the professional comes to your home for a consultation. The more information you have, the easier it will be to decide on the unit. 

Working with Costco has numerous advantages and drawbacks homeowners should know.

Here are some of the benefits: 

  • Costco is a well-known and reputable company.
  • Costco has exceptional customer service that can be immensely helpful in various situations. 
  • Costco has a clear return policy.
  • Costco often offers incentives for purchasing products. If you buy a Lennox unit through Costco, you can get up to a 10% discount. Considering the units can be quite expensive, this is an excellent deal. 
  • Costco offers a Comfort Shield warranty. This warranty program accounts for things that aren’t included in the factory warranty. Many homeowners purchase this warranty for their peace of mind and additional protection. 

Of course, you should also consider the potential drawbacks: 

  • You don’t know who will come to your home to install the unit until you ask. 
  • While Costco claims to work with reputable professionals, the company can’t guarantee a high-quality installation. 
  • Costco requires an annual membership. 
Typical Cost To Install New Furnace Average: $4,360 - $7,450
See costs in your area

Pros And Cons Of Lennox Quantum Coil 

Lennox units feature patented Quantum Coil technology.

Quantum coil represents a high-quality aluminum alloy used in Lennox heating and air conditioning systems.

Thanks to this alloy, there’s no risk of corrosion, meaning the unit can last much longer

Since there’s no corrosion, Lennox units are much easier to maintain and give homeowners peace of mind for a long time.

Plus, this proprietary technology is important for energy savings and sustainability.

Namely, aluminum coils are much lighter than standard copper ones. This allows Lennox units to weigh up to 50 pounds less than copper units from other manufacturers, resulting in fuel savings and fewer emissions during transportation

One of the potential drawbacks of aluminum coils is the slower heat transfer.

Plus, these coils can be more prone to leaks and cracks.

However, with proper and regular maintenance, aluminum coils are definitely worth it. 

Costco Lennox Review 

One of the best ways to determine whether you should purchase a Lennox furnace through Costco is to look for online reviews from past customers.

Here are some of them: 

“Our old furnace suddenly broke down after almost 10 years. Of course, this happened in December, when we needed it the most. My husband and I started researching our options, and our choices came down to either Lennox through Costco or Carrier. Ultimately, we decided to go with Lennox since we have friends who have one of the units and absolutely love it. We couldn’t be happier with our decision! One thing we particularly love is the simplicity of the process. All we had to do was schedule a consultation. The guy who came to our house was extremely professional and knowledgeable and helped us decide the best home unit. We didn’t have to waste hours researching different units and their features, and since both my husband and I work long hours, this was a blessing. Compared to our old one, this one is very quiet. We didn’t even realize how loud our old unit was until we got this one. All in all, I would recommend Lennox to everyone. It’s well worth the price!

Jennifer –

 

“As it always happens, my old furnace decided to break when the temperature was crazy low. Since I have a Costco membership, I decided to explore my options and chose one of the units from the Elite series. I went to the website and scheduled a consultation, expecting a long wait due to the busy season. To my surprise, I was contacted right away. The crew members who came to my house were very punctual and professional and completed the consultation in no time. More importantly, they were extremely knowledgeable. I could see right away that they had been doing this for a long time since they knew everything about Lennox furnaces and their characteristics. They gave me precise information about the unit I opted for and installed it perfectly. In terms of the unit’s performance, everything is as I expected it to be. If you’re looking for a quiet, efficient unit at a good price, don’t look further than Lennox.”

Dan – 

 

“After deciding to get a Lennox unit from Costco, I scheduled an in-home consultation. The technicians who came to my house are definitely some of the best technicians I have ever had the chance to meet. Not only did they explain the characteristics of the unit I was interested in, but they also walked me through every step of the installation process. They also gave me valuable tips on how to keep my furnace in excellent condition and ensure it serves me well for a long time.”

Jack – 

 

“If you want a hassle-free process of purchasing and setting up a furnace, Costco and Lennox units are the way to go. I researched furnaces for a while and finally decided to go with Lennox. I have to say I was hesitant at first, mainly due to the high price. Compared to other furnace manufacturers, Lennox units definitely carry a heftier price tag. But, considering the advantages, I decided to give in, and don’t regret my decision one bit.”

Danielle – 

 

“I live close to the ocean, and rust is a big issue here due to the salt content in the air. Since my old unit rusted after only a few years, I was on the hunt for a high-quality unit that won’t suffer the same fate. I came across Lennox units that don’t have copper coils but aluminum. Since aluminum is highly resistant, I decided I had to get a Lennox unit. I’m on a limited budget, so I chose a unit from the Merit series, which features the most affordable models. I have to admit I was a bit skeptical. After all, you don’t expect the most affordable product line to be of exceptional quality. I’m glad to say I was wrong; my unit is amazing! It’s quiet, energy-efficient, and easy to control. I definitely got more than I expected!”

Nick –

 

Pro Tip: Online reviews can be a great way to learn more about a product or service. Besides checking the reviews for Lennox products, don’t hesitate to ask your family members and friends who have a Lennox unit for their opinion. Their advice could help you get the model that suits your needs. 

Average Costs For:
Most Homeowners Spent Between: Most People Spent: $4,160 - $5,730
Low End
$3,970
Average
$4,720
High End
$6,490

See costs in your area Start Here - Enter Your Zip Code


Is A Lennox Furnace Worth The Money? 

Lennox units often feature a higher price than other manufacturers. Therefore, homeowners may wonder whether Lennox is worth the investment.

Here are a few points that could help you determine if the company’s products are the best solution for you: 

Exceptional Air and Comfort 

Regardless of the Lennox unit you opt for, you can be 100% sure you’ll enjoy maximum comfort.

Thanks to the innovative technology that adjusts outputs in minute increments, you’ll always maintain the desired temperature without difficulty

You can enhance your comfort even further with iComfort smart thermostats that let you control your unit remotely, thus saving energy and improving convenience. 

Quiet Operation 

One of the reasons Lennox units are so popular is their quiet operation, especially compared to other brands.

If you check online reviews, you’ll see that many homeowners who decided to purchase a Lennox unit are impressed by its quietness. 

Energy Efficiency 

With Lennox, you get the perfect balance of energy efficiency and comfort.

Many units from this manufacturer have Energy Star certification.

If you’re not familiar with it, the certificate confirms the unit has undergone rigorous testing and meets strict standards regarding its construction and efficiency.

Exceptional Craftsmanship 

Lennox was founded in 1895. Over the years, the company has continuously invested in developing cutting-edge technology to manufacture top-quality, high-performing units.

One of the results of this thirst for innovation and improvement is the Quantum Coil technology that features aluminum coils and offers exceptional reliability and efficiency. 

Did you know? Lennox has received multiple awards and recognitions for its innovative designs and sustainable products. Some recognitions include the “Best of IBS” Best Green Product and the Green Builder Magazine’s Green Innovation of the Year Award. 

Invest In Your Comfort 

Lennox furnaces are high-quality, cutting-edge, energy-efficient, and quiet.

While they carry a heftier price tag than the competition, purchasing them through Costco will get you up to a 10% discount, which is a great deal.

Plus, the entire process is convenient and quick.

Typical Cost To Install New Furnace Average: $4,360 - $7,450
See costs in your area


About Leo Bender

Leo has been a contractor since 2003, specializing in: roofing, siding, general contracting (GC) and residential remodeling. Leo is also a Certified HVAC, Oil & Gas Heating Technician/Installer. In addition to roofing and remodeling, Leo is passionate about Solar, green building and energy conservation, so a lot of my time and energy goes to installing energy efficient heating and cooling systems.


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