Rinnai Heat Pump Prices in Victoria

A Rinnai hot water heat pump is $3,350 - $6,000 installed in Victoria before rebates. After Victoria rebates and federal STCs, most households pay around $380-$4,020 out of pocket. Rinnai is one of Australia's most trusted hot water brands, known for decades of gas water heater dominance. Their heat pump range includes the AR Series designed and built in Keysborough, VIC - qualifying for the higher Victorian rebate tier. The widest installer network in Australia means service and parts are readily available. The AR 340L is the largest integrated residential heat pump in Australia.

Rinnai price in Victoria (2026)

Installed, before rebates
$3,350 - $6,000
VIC rebates + STCs
$1,980-$2,970
Out of pocket (after stack)
~$380-$4,020

Out-of-pocket assumes federal STCs plus Victoria's available rebate stack, applied by your installer at point of sale. Cheapest model: Rinnai E-Series 250L from $3,350.

7yr
Tank warranty
5yr
Compressor warranty
3.6
COP (efficiency)
46dB
Noise level

Victoria gas ban: why it matters for Rinnai buyers

From 1 March 2027, gas hot water systems in existing homes must be replaced with an efficient electric alternative (heat pump) when they reach end-of-life. Repairs are still allowed. New builds already banned from gas connections since January 2024. Rentals also face mandatory replacement of gas heaters.

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

Rinnai rebates in Victoria

Federal

Small-scale Technology Certificates (STCs)

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

$780 - $940
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

All Victorian households. A variable point-of-sale discount funded by energy-saving certificates (VEECs), currently up to around $630 depending on the certificate price. Stacks with the Solar Victoria rebate.

$200 - $630
estimated value

Rinnai models available in Victoria

Rinnai E-Series 250L

$3,350 - $4,100
installed, before rebates
Capacity
250L
Running cost
~$350/yr
STC value
~$780
Noise
46dB

Rinnai GR 280L

$3,900 - $5,000
installed, before rebates
Capacity
280L
Running cost
~$320/yr
STC value
~$860
Noise
46dB

Rinnai AR 340L

$4,900 - $6,000
installed, before rebates
Capacity
340L
Running cost
~$300/yr
STC value
~$940
Noise
45dB

Rinnai prices across Victoria

Local pricing and free quotes for Rinnai in major Victoria areas.

Heat pump hot water costs across regional Victoria

Rinnai in Victoria: FAQ

How much does a Rinnai heat pump cost in Victoria?

A Rinnai hot water heat pump costs $3,350 - $6,000 fully installed in Victoria before rebates. After stacking those rebates, most Victoria households pay around $380-$4,020 out of pocket.

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

On top of federal STCs (worth $780-$940), Victoria households can stack Solar Victoria Hot Water Rebate and Victorian Energy Upgrades (VEU) Certificates, taking total rebates to $1,980-$2,970. 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 Rinnai choice?

From 1 March 2027, gas hot water systems in existing homes must be replaced with an efficient electric alternative (heat pump) when they reach end-of-life. Repairs are still allowed. New builds already banned from gas connections since January 2024. Rentals also face mandatory replacement of gas heaters. A Rinnai 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 Rinnai heat pump installed in Victoria?

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

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