Lennox - New Construction Price Increase: July 2022
Dear Builder Partner:
Thank you for your business and your continued partnership during these challenging times. Global markets continue to see uncertainty due to international conflicts and record inflation. Lennox is working to adjust and to meet market demands in effort to serve you.
Like all manufacturers, distributors, and contractors in the heating and air conditioning business, Lennox Industries continues to experience cost increases. Due to the persistent cost pressures, Lennox will increase prices up to 9% percent on residential and commercial equipment, parts and supplies, and accessories for all customers. While most customers will see this increase on May 2, 2022, new construction increases will go into effect July 5, 2022, to allow you to plan accordingly for the price adjustments necessary.
We understand that you may have concerns or questions and we welcome conversations to address those so we can mutually sustain healthy growth for our businesses. Your Lennox representatives will be reaching out to you over the course of the next several weeks, or, as always, you can reach out to them at any time.
We value your business greatly; we thank you for your continued support and partnership with Lennox.
Vice President, Residential National Accounts