Emerald Heat Pump Prices in Victoria

A Emerald hot water heat pump is $2,750 - $3,750 installed in Victoria before rebates. After Victoria rebates and federal STCs, most households pay around $0-$1,870 out of pocket. Emerald Energy is an Australian company that has sold hot water heat pumps here since 2006, and its All-In-One range is now one of the most widely stocked propane (R290) units in the country. The Pro series is the flagship: an enamel tank with two magnesium anodes, a published coefficient of performance between 4.8 and 5.2, and operation down to -7C on the heat pump alone. The Select series sits below it on both efficiency and warranty. Emerald describes itself as Australian and does not publish where the units are built.

Emerald price in Victoria (2026)

Installed, before rebates

$2,750 - $3,750

VIC rebates + STCs

$1,880-$2,750

Out of pocket (after stack)

~$0-$1,870

Out-of-pocket assumes federal STCs plus Victoria's available rebate stack, applied by your installer at point of sale. Cheapest model: Emerald All-In-One Pro 220L from $2,750.

7yr

Tank warranty

5yr

Compressor warranty

4.9

COP (efficiency)

49dB

Noise level

Victoria gas ban: why it matters for Emerald buyers

With 80% of Victoria homes connected to gas, planning your Emerald replacement now lets you claim rebates and choose your installer on your timeline.

Emerald rebates in Victoria

Federal

Small-scale Technology Certificates (STCs)

Applied as a point-of-sale discount on your Emerald system. Value varies by model and climate zone.

$680 - $720

estimated value

State

Solar Victoria Hot Water Rebate

Victorian owner-occupiers: 50% of the purchase price up to $1,000, or up to $1,400 for an eligible locally made system. Combined household taxable income under $150,000 (reduced from $210,000 on 1 July 2026), property value under $3 million, replacing a system at least 3 years old, using a Solar Victoria registered installer. Stacks with the VEU discount and federal STCs.

$1,000 - $1,400

estimated value

Certificate

Victorian Energy Upgrades (VEU) Certificates

Heat pump hot water costs across regional Victoria

Cost in Geelong Cost in Ballarat Cost in Bendigo Cost in Shepparton

Heat pump guides for Victoria

Emerald in Victoria: FAQ

How much does a Emerald heat pump cost in Victoria?

A Emerald hot water heat pump costs $2,750 - $3,750 fully installed in Victoria before rebates. After stacking those rebates, most Victoria households pay around $0-$1,870 out of pocket.

What rebates can I claim on a Emerald heat pump in Victoria?

On top of federal STCs (worth $680-$720), Victoria households can stack Solar Victoria Hot Water Rebate and Victorian Energy Upgrades (VEU) Certificates, taking total rebates to $1,880-$2,750. That is the biggest stack in the country, and most of it is automatic: STCs and the Victorian Energy Upgrades discount are already inside the price your installer quotes. Solar Victoria's rebate is the one worth going after on top, and your installer drives it. They lodge it with your quote, you add ID and proof of income, and it comes off your invoice on approval.

How does the Victoria gas ban affect my Emerald choice?

From 1 March 2027, if the gas hot water system in an existing owner-occupied home breaks and cannot be repaired, it must be replaced with an electric alternative; in a rental it must be replaced with a heat pump water heater. Repairs are still allowed and exemptions exist. From 1 January 2027, new homes must be built all-electric. A Emerald heat pump is a compliant electric replacement, and planning the switch before your gas unit fails lets you claim the rebates and choose your installer on your own timeline rather than in an emergency.

Where can I get a Emerald heat pump installed in Victoria?

PumpSwap matches you with local Victoria installers who quote on Emerald systems. Submit one request and compare up to three quotes from installers covering your suburb, with rebates already factored in.