Heat Pump Hot Water System Installation Cost & Replacement Prices

Heat pump water systems run by pulling in the air that surround the tank, which acts as the primary energy source, and when mixed with a minimal amount of electricity, produces hot water. If you’re looking to save money in the long-term and for eco-conscious consumers, heat pump hot water systems are a popular choice, as they are energy-efficient. Heat pump hot water systems are available in different sizes, from 170 litres to 315 litres and cost anywhere from $2700 to $6100+.

Supply and installation prices are for same-size installs/replacements. $185 will be charged extra if a tempering valve is needed.

*Free removal of the old tank is included.

You Can Save Thousands Every Year On Your Energy Bills

Traditional electric water heater compared to the energy-efficient heat pump.

heat pump annual running costs

The heat pump hot water generates four times more heat energy output than an electric hot water system using the same amount of power input. Thus, industry-leading energy efficiency can lower your hot water running costs by up to 70%, thus, saving you hundreds of dollars annually.

Heat Pump Hot Water System Prices in Sydney

Need help with heat pump hot water system prices? Sydney Plumbing is here to assist you. Our expert team can help you analyse your requirements and recommend the best heat pump hot water system for your household. Sydney Plumbing supplies hot water systems at cost-effective prices, which can be attributed to our bulk purchase capacity. Get in touch with us to obtain the best prices for heat pump water heaters in Sydney.

What Will It Cost to Install a Heat Pump?

Depending on your chosen unit, the heat pump hot water system will cost you between $2700 and $6100+. However, this price range is just for your reference, as it can get affected due to many other attributes. Besides, there are government rebates you can avail in NSW and other Australian states, so selecting an efficient hot water heat pump can reduce the cost substantially when compared to your old demanding electric hot water system.

If you cannot determine the right heat pump hot water system for your household, speak to our specialists, who will recommend the best-suited heat pump system for your household’s needs. They will also help you avail of incentives, if applicable.

Heat Pump Water Heater System (Annual Energy Cost in Table)

Here are the approximate annual energy costs for a heat pump hot water system for 4 people: 4 people (150 litres per day) Heat pump

Water Heater Type Energy Star Rating Annual Energy Cost 10-Year Greenhouse Gas
Emissions (Tonnes)
Peak tariff High efficiency $205 5.2
Peak tariff Standard $255 6.3
Off-peak tariff High efficiency $145 4.9
Off-peak tariff Standard $175 6.1

Heat Pump Water Heater Government Rebates

The Australian government has rebates and incentives for people who want to purchase an energy-efficient hot water system. Depending on the system you select, you can avail of a rebate of up to around $1200, so it’s worth checking if you’re eligible for any incentive programs.

The Federal Government’s Small Scale Renewable Energy Scheme (SRES) considers heat pump hot water systems for small-scale technology certificates (STCs) that you can exchange for a rebate upon purchasing a heat pump.

For instance, the EVO 270 is registered with the Australian Federal Government Clean Energy Regulator as an energy-efficient water heater, which will also save you on electricity. Once installed, you also become eligible to avail of up to $1000 towards the costs of your system. Sydney Plumbing organises STCs, so you don’t have to do any paperwork to avail of your discount!

EVO 270 heat pump

Understanding the Process

Sydney Plumbing is a complete service provider, and we have you covered. Our services include:

  • Removing and disposing of old water units, including all waste.
  • Install new plumbing connections with new copper and new valves.
  • Our professionals will fill out rebate forms on your behalf and collect the rebates, reducing our prices.

*You can sit back and enjoy the savings. We recommend servicing your hot water unit every five years to keep it in good condition and replacing the anodes.

What Are the Advantages of Installing a Heat Pump Water Heating System?

The advantages of installing a modern heat pump hot water unit include the following:

  • It is easy to install.
  • It offers improved energy efficiency.
  • It is an eco-friendly alternative that curtails greenhouse gas emissions.
  • Heat pump water heaters have a long life.
  • It operates efficiently in low temperatures.
  • Heat pump systems are three times more efficient than electric water heaters.
  • Solar panels and roof space are not needed.
  • You become eligible for small-scale technology certificates, government rebates and financial incentives.

Heat pump vs Electric HWS

Sydney Plumbing Installs Heat Pump Water Heating Systems across Sydney

Sydney Plumbing installs heat pump hot water units for Sydney households and nearby areas. Our certified plumbers are experienced in heat pump hot water service, repair and installation. If you want to replace your hot water unit, we recommend installing a new heat pump hot water system as they can save you hundreds of dollars over their life.

Hot Water Specials

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Heat Pump: Frequently Asked Questions FAQs

How to select the perfect heat pump water heater for my home?

For choosing the perfect heat pump hot water system for your home, you’ll need to consider the following:

  • The number of people staying in your home.
  • Size of your home.
  • Climatic conditions in your region.
  • Your budget.

How much time is required to install a heat pump hot water unit?

The installation process will take around two to three hours; however, this can differ depending on the size and complexity of the installation.

How can i avail hot water system rebate offered by the NSW Government?

You’ll need to check your eligibility, and we’ll handle the rest on your behalf, and one of our expert staff members will guide you through the entire process.

How to determine the suitability of a heat pump water heating system for my home?

You’ll have to speak to a certified installer to determine the suitability of a heat pump hot water unit for your home. And he will be able to evaluate your home and recommend the best-suited heat pump hot water system.

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