Want to Stand Out?Fill out the form below to apply and get featured as one of our Top Contractors. Gain visibility,
attract more clients, and showcase your expertise to a wider audience!

Get a FREE Quote

What size furnace should I buy?

Square FootageFurnace BTU
1,000-1,200 sq. ft. Home40,000 - 60,000 BTU
1,200-1,500 sq. ft. Home60,000 BTU
1,500-1,800 sq. ft. Home60,000 - 80,000 BTU
1,800-2,500 sq. ft. Home80,000 - 100,000 BTU
2,500-3,500 sq. ft. Home100,000 to 120,000 BTU
Lennox Elite EL296V Review

Lennox Elite EL296V Review

AFUE: Up to 96%
ENERGY STAR ®: Yes
Burner Type: Dual Stage
Blower Type: Variable-speed
Price: $4,835 – $6,170
BTU Output: 42,000 – 126,000
Free Instant Quote

Category: Brand:

🔥Lennox EL296V Furnace Review

This Lennox EL296V Furnace Review takes a close look at one of Lennox’s most popular mid-range, high-efficiency gas furnaces, designed for Canadian homeowners who want quiet operation, strong performance, and smart-home compatibility—without paying Signature Collection prices.

Positioned in the Elite Series, the EL296V sits comfortably between entry-level Merit models and Lennox’s premium furnaces. It combines two-stage heating, a variable-speed blower, and 96% AFUE efficiency, making it well suited for cold Canadian climates and medium-to-large homes.


In a Nutshell

  • Average Installed Price (Canada): $6,800 – $7,400

  • Efficiency: 96% AFUE

  • Burner Type: Two-stage

  • Blower Motor: Variable-speed

  • ENERGY STAR® Certified: Yes

  • Best For: Homeowners seeking quiet, efficient, mid-range comfort


💡 Key Benefits

  • 96% AFUE efficiency helps lower heating costs

  • Two-stage heating reduces temperature swings and noise

  • Variable-speed blower improves airflow, comfort, and humidity control

  • Quiet operation with sound-absorbing insulation

  • Smart thermostat compatibility with advanced automation features

  • Dual-fuel capability when paired with a compatible heat pump


Top Features

  • High fuel efficiency with a secondary heat exchanger to reduce heat waste

  • Variable-speed blower motor for quieter, more efficient operation

  • Two-stage burner for consistent heating and reduced energy use

  • ENERGY STAR® certified for potential rebate eligibility

  • Compatible with Lennox’s iComfort® E30 smart thermostat

  • Excellent humidity control (especially when paired with a compatible AC unit)

  • Sound-absorbing insulation for whisper-quiet operation

  • Dual-fuel capability when combined with an electric heat pump

  • Designed for long-lasting performance with Lennox-exclusive parts like the SureLight® ignitor

  • Backed by Lennox’s standard limited warranty


🏆 The Bottom Line

The Lennox EL296V Furnace Review is a strong choice for homeowners who want high efficiency, consistent comfort, and quiet performance without stepping into Lennox’s ultra-premium tier. While its warranty coverage is standard rather than class-leading, the EL296V stands out for its two-stage heating, variable-speed operation, and ENERGY STAR® certification, making it a dependable long-term option for Canadian homes.


⚙️ Product Specifications

SpecificationDetails
AFUE96%
Burner TypeTwo-stage
Blower MotorVariable-speed
ENERGY STAR®Yes
Heating TechnologyCondensing gas furnace

🛠️ Design & Performance Features

The EL296V is engineered for durability, quiet operation, and service-friendly maintenance:

  • Secondary heat exchanger improves fuel efficiency by capturing more heat

  • Duralok Plus™ clamshell heat exchanger minimizes air leaks and maximizes heat transfer

  • SureLight® silicon nitride ignitor ensures reliable, long-lasting ignition

  • Sealed blower compartment reduces heat loss and air leakage

  • Sound-absorbing insulation helps keep operating noise low

  • Seven-segment LED diagnostic display stores up to 10 service codes

🆕 New & Notable Features

  • Variable-speed blower motor adapts airflow precisely to heating demand

  • Advanced humidity control when paired with a compatible air conditioner

  • Factory-designed installation features help reduce setup time and errors

⚙️ Core Performance & Efficiency

With a 96% AFUE rating, the EL296V converts most of the fuel it consumes into usable heat. Its two-stage burner allows the furnace to run at a lower output most of the time, improving comfort and reducing energy waste.

The variable-speed blower motor further enhances efficiency by delivering smooth, consistent airflow, helping eliminate hot and cold spots throughout the home.

🔇 Noise & Quiet Operation

Quiet performance is a highlight of the EL296V:

  • Sound-absorbing cabinet insulation

  • Sealed blower compartment

  • Two-stage heating avoids abrupt on/off cycling

This makes it ideal for homes with living spaces near the furnace.

🛡️ Design, Protection & Serviceability

  • Proprietary Lennox components for reliability

  • Easy-access service panels

  • Diagnostic memory helps technicians troubleshoot faster

👁️ Optional / Smart Features

When paired with the iComfort® E30 smart thermostat, the EL296V supports:

  • Energy-saving “Away” mode

  • Geofencing-based temperature adjustments

  • Outdoor air quality monitoring with automatic fan control

  • Voice control via Alexa, Apple HomeKit, and Google Assistant

It’s also compatible with Lennox PureAir™ air purification systems and home humidifiers.


🧾 Warranty Coverage

  • Lifetime limited warranty on the heat exchanger

  • 10-year limited warranty on covered parts

Registration within 60 days of installation is required for full coverage. Warranty terms may vary by province.


Pros & Cons

Pros

  • High 96% AFUE efficiency

  • Quiet, consistent heating

  • Variable-speed comfort control

  • ENERGY STAR® certified

  • Smart thermostat compatibility

Cons

  • Higher upfront installation cost

  • Warranty coverage is standard for the price tier

  • Not a modulating furnace


🔍Comparable Lennox Models

1. Price Comparison: EL296V vs. SLP99V (Signature Collection)

The SLP99V is Lennox’s most premium model, costing around $7,200–$7,800 with installation.

For the higher price, you get a modulating burner, variable-speed blower, and an industry-leading 99% AFUE rating. It’s the most efficient furnace Lennox offers—but the price difference may not justify the small efficiency gain for every homeowner.

FeatureEL296VSLP99V
AFUE96%99%
HeatingTwo-stageModulating
BlowerVariable-speedVariable-speed
Price TierMid-rangePremium

Summary: The SLP99V offers maximum efficiency and comfort at a higher cost. The EL296V delivers excellent value for most homeowners.


2. Feature Comparison: EL296V vs. EL195NE

The EL195NE is also part of the Elite series, but it features ultra-low NOx emissions, making it an environmentally conscious choice.

However, it’s a single-stage furnace with a constant torque motor and a 95% AFUE, so it’s not as efficient or as quiet as the EL296V.

If eco-friendliness and low emissions are your main concerns, the EL195NE may appeal more—but for performance and comfort, the EL296V wins easily.

FeatureEL296VEL195NE
AFUE96%95%
HeatingTwo-stageSingle-stage
EmissionsStandardUltra-low NOx

Summary: Choose the EL195NE for lower emissions; choose the EL296V for better comfort and efficiency.


3. Tier Comparison: EL296V vs. EL196E

The EL196E is another mid-range Elite model with the same 96% AFUE, but it’s a single-stage furnace with a constant torque motor.

While both are ENERGY STAR® certified, the EL296V’s two-stage heating and variable-speed fan give it a big advantage in comfort, quietness, and energy efficiency—especially for larger homes or colder climates.

FeatureEL296VEL196E
HeatingTwo-stageSingle-stage
BlowerVariable-speedConstant torque
Comfort LevelHigherModerate

Final Thoughts

The Lennox EL296V Furnace Review is a strong mid-tier option that offers a great mix of efficiency, quiet performance, and smart-home compatibility.

It’s ideal for homeowners who want:

  • A reliable, high-efficiency furnace

  • Balanced performance and value

  • Advanced comfort features without paying premium-tier prices

While its warranty could be more generous, its two-stage heating, variable-speed operation, and ENERGY STAR® certification make it one of Lennox’s most dependable and efficient mid-range furnaces.


💰What Factors Affect Furnace Pricing in Canada?

The installation or replacement cost of any furnace, air conditioner, or heat pump in Canada can vary based on several important factors:


📍Top Cities We Serve Across Canada

We proudly help homeowners across Canada compare furnace prices, get installation quotes, and find trusted HVAC contractors. Here are some of the top cities where we provide service:

Hamilton • Burlington • Brantford • Cambridge • Kitchener • Milton • Oakville

Whether you’re upgrading your furnace, replacing an old system, or comparing HVAC quotes, our certified contractors are available to assist you in all major regions across Ontario and beyond.

Get free quotes from trusted HVAC professionals in your city and compare furnace installation costs instantly.


🏆 Our HVAC Partners Are Members of Leading Canadian Associations

We partner with installers affiliated with recognized industry organizations, including:

These affiliations ensure reliable service, certified expertise, and consistent installation quality across Canada.


❓Lennox EL296V Furnace Review – FAQs

Q.Is the Lennox EL296V a high-efficiency furnace?
Yes, it offers a 96% AFUE rating and ENERGY STAR® certification.

Q.Is the EL296V quiet?
Yes, it’s designed for low-noise operation with sound insulation and two-stage heating.

Q.Does it support smart thermostats?
Yes, it works with the iComfort® E30 smart thermostat.

Q.Is the EL296V good for Canadian winters?
Yes, it’s well suited for cold climates and larger homes.


📞Get Quotes – Fast & Free

Considering the Lennox EL296V Furnace Review ?
Compare licensed Canadian HVAC contractors, receive accurate installation quotes, and ensure your system is properly sized and professionally installed.

👉 Request free furnace quotes today