Heat Pump Water Heater
Installation cost: $1,000 – $3,000
Installed Cost
$1,000–$3,000
Lifespan
10-15 years
Efficiency
Very High
Is a Heat Pump Water Heater Right for You?
Best for: Energy-efficient homes in warm climates
The heat pump water heater offers very high energy efficiency with a typical lifespan of 10-15 years. When comparing total cost of ownership, consider the upfront installation cost alongside annual energy costs for your local utility rates.
Installation Cost Breakdown
| Cost Component | Estimate |
|---|---|
| Unit / Equipment | $600–$1,800 |
| Labor (installation) | $300–$900 |
| Permits & inspection fees | $50–$200 |
| Old unit removal & disposal | $50–$150 |
| Total Installed | $1,000–$3,000 |