Lennox Brings to Market Most Efficient Cold Climate Heat Pump Designed to Operate in Extreme Temperatures

Rhea-AI Summary

Lennox Residential HVAC has launched the Dave Lennox Signature® Collection SL22KLV Cold Climate Heat Pump, designed to operate in temperatures as low as -20°F with efficiency levels 150% higher at colder temperatures compared to standard heat pumps. The system features efficiency ratings of up to 21.10 SEER2, 13.2 EER2, and 10.50 HSPF2.

The SL22KLV incorporates a variable-speed compressor with electronic refrigerant injection technology, adjusting energy usage based on outdoor temperatures. It pairs with the Lennox S40 Smart Thermostat for automated temperature control and uses low global warming potential R-454B refrigerant to reduce environmental impact.

The product is eligible for the Energy Efficient Home Improvement Credit and follows Lennox's successful completion of the first phase of the U.S. Department of Energy's Residential Cold Climate Heat Pump Technology Challenge in 2022.

Positive

• Launched most efficient cold climate heat pump in market with 150% higher efficiency at cold temperatures
• High performance ratings: 21.10 SEER2, 13.2 EER2, and 10.50 HSPF2
• Product eligible for federal tax credits and local incentives
• First company to complete Phase 1 of DOE's CCHP Technology Challenge

Negative

• None.

Insights

HVAC Industry Analyst

The launch of Lennox's SL22KLV Cold Climate Heat Pump marks a strategic milestone that could significantly strengthen the company's market position in the rapidly evolving HVAC industry. This product addresses three critical market dynamics: increasing demand for energy-efficient solutions, stricter environmental regulations, and the growing trend toward home electrification.

The timing of this launch is particularly strategic, as it coincides with widespread initiatives to reduce residential carbon emissions and phase out traditional heating systems. The product's ability to operate efficiently at -20°F with 150% higher efficiency than standard heat pumps positions Lennox to capture market share in regions traditionally dominated by gas furnaces.

Several key features warrant attention from an investment perspective:

• The integration of R-454B refrigerant preemptively addresses upcoming EPA regulations, potentially giving Lennox a first-mover advantage
• The impressive efficiency ratings (SEER2: 21.10, EER2: 13.2, HSPF2: 10.50) could drive premium pricing and higher margins
• The seamless integration with the S40 Smart Thermostat creates ecosystem lock-in, potentially increasing customer lifetime value

Lennox's achievement in the DOE's CCHP Technology Challenge demonstrates its R&D capabilities and positions the company as a technology leader. The eligibility for federal tax credits and local incentives could accelerate market adoption, particularly in regions transitioning away from fossil fuel-based heating systems.

This product launch represents more than just a new offering - it's a strategic positioning that could drive long-term growth through market expansion, margin improvement, and increased service revenue through smart connectivity features.

The Lennox SL22KLV Cold Climate Heat Pump delivers precise comfort while reducing environmental impact with low global warming potential (GWP) refrigerant.

RICHARDSON, Texas, Feb. 20, 2025 /PRNewswire/ -- Lennox Residential HVAC, a leader in innovative home comfort solutions, announced today the launch of the Dave Lennox Signature® Collection SL22KLV Cold Climate Heat Pump, the most precise and efficient heat pump available. Designed to deliver efficiency and performance, the SL22KLV offers homeowners reliable comfort in temperatures as low as -20°F, with efficiency levels 150% higher at colder temperatures compared to standard heat pumps.

"At Lennox, we are committed to advancing HVAC technology to meet the evolving needs of our customers," said Prakash Bedapudi, Chief Technology Officer at Lennox. "The SL22KLV Cold Climate Heat Pump exemplifies our dedication to innovation, integrating cutting-edge features that ensure optimal performance and energy efficiency even in the most challenging climates."

The SL22KLV delivers impressive performance with efficiency ratings of up to 21.10 SEER2, 13.2 EER2, and 10.50 HSPF2, which can provide energy savings and year-round comfort. Its variable-speed compressor, equipped with electronic refrigerant injection (ERI) technology, dynamically adjusts energy usage based on outdoor temperatures, helping to lower energy costs. Additionally, the heat pump features a precision-balanced, direct-drive fan and sound-dampening system for ultra-quiet operation and a peaceful home environment.

For added convenience, the SL22KLV Cold Climate Heat Pump pairs seamlessly with the Lennox S40 Smart Thermostat to create a digital in-home comfort system that automatically adjusts settings to maintain temperatures more accurately and efficiently. Built-in sensors allow the system to optimize performance and assist dealers with routine maintenance and troubleshooting on the unit.

Lennox has remained a leading innovator in next-generation heating and cooling systems for 130 years. In 2022, Lennox was the first company to complete the first phase of the U.S. Department of Energy's (DOE) Residential Cold Climate Heat Pump (CCHP) Technology Challenge, further cementing its legacy of sustainable and reliable home comfort solutions. The SL22KLV is an enhancement of the unit developed for the 2022 DOE CCHP Technology Challenge and leverages the latest technology to push the boundaries of efficiency. 

Designed to meet updated EPA refrigerant regulations, the SL22KLV Cold Climate Heat Pump uses the low global warming potential R-454B refrigerant, reducing environmental impact without compromising performance. This product is also eligible for the Energy Efficient Home Improvement Credit, a federal tax credit homeowners may qualify for when installing high-efficiency equipment, in addition to other local utility and provincial incentives as provided in a region.

The SL22KLV Cold Climate Heat Pump is now available for order through local Lennox dealers. For more information about the SL22KLV and other industry-leading Lennox products, visit www.lennox.com.

ABOUT LENNOX

Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we innovate with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at www.lennox.com.

Media Contact
pr@lennox.com

Investor Contact
investor@lennox.com

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SOURCE Lennox International Inc.

FAQ

What are the efficiency ratings of Lennox's new SL22KLV Cold Climate Heat Pump?

The SL22KLV Cold Climate Heat Pump achieves efficiency ratings of up to 21.10 SEER2, 13.2 EER2, and 10.50 HSPF2.

What is the minimum operating temperature of the Lennox SL22KLV heat pump?

The Lennox SL22KLV Cold Climate Heat Pump can operate in temperatures as low as -20°F.

What type of refrigerant does the new Lennox SL22KLV heat pump use?

The SL22KLV uses R-454B refrigerant, which has a low global warming potential (GWP).

What smart features does the Lennox SL22KLV heat pump include?

The SL22KLV pairs with the Lennox S40 Smart Thermostat for automated temperature control and includes built-in sensors for performance optimization and maintenance assistance.

What financial incentives are available for the Lennox SL22KLV heat pump?

The SL22KLV is eligible for the Energy Efficient Home Improvement Credit (federal tax credit) and various local utility and provincial incentives depending on the region.