Heat Pump Hot Water in Australia: Key Figures
The numbers people ask for most about heat pump hot water in Australia, in one place. Each one says where it comes from and when it was last checked. Prices and running costs are modelled, and are labelled that way. You are welcome to quote any of them with a link.
Hot water and household energy
Prices and rebates
Before rebates the modelled range is $3,722 to $5,981. These are modelled estimates, not quotes and not averages of quotes.
Source: PumpSwap modelled price reference, 1,534 suburbs. Last checked 6 April 2026.
Victoria averages $2,176 to $4,270 after rebates. Australian Capital Territory averages $3,376 to $5,865.
Source: PumpSwap modelled price reference. Last checked 6 April 2026.
The discount comes from small-scale technology certificates and is usually taken off the quote by the installer.
Source: certificate counts from the Clean Energy Regulator register of heat pump models. How the federal discount works. Rebates checked 28 October 2026.
This is every Victorian scheme at its maximum plus the federal discount at its maximum. Most households qualify for less than the full stack.
Source: Victorian heat pump rebates, each scheme at its maximum. Rebates checked 28 October 2026.
Running costs and efficiency
Modelled for 200 litres of hot water a day at 31c per kWh, across the 34 models PumpSwap tracks. A standard electric storage tank heating the same water at the same tariff models at about $1,316 a year. An electric tank on a cheaper off-peak tariff costs less than that: see controlled load versus a heat pump.
Source: PumpSwap model, from the efficiency figure of each system. Heat pump running costs. Brand data updated 12 October 2026.
A standard electric storage tank needs about 11.6 kWh a day for the same water. The difference is the efficiency figure in the next box.
Source: PumpSwap model, heating 200 litres from 15C to 60C. Brand data updated 12 October 2026.
COP is the coefficient of performance. A COP of 4 means four units of heat for each unit of electricity.
Source: figures published or listed for the 34 models PumpSwap tracks. Every brand compared. Brand data updated 12 October 2026.
The quietest published figure belongs to Reclaim Energy and Sanden. Dux publishes no sound level for the models listed.
Source: figures published or listed for each model. PumpSwap has not measured them. Sound level by brand. Brand data updated 12 October 2026.
The systems on sale
The heat pump unit itself is covered for 2 to 10 years, depending on the brand. Tank and heat pump cover are often different lengths, so check both.
Source: the published warranty of each maker. Warranty by brand. Brand data updated 12 October 2026.
Tank sizes run from 150 to 340 litres. Modelled installed prices before rebates run from $2,500 to $8,500.
Source: PumpSwap brand comparison. Brand data updated 12 October 2026.
Victoria gas ban starts 1 March 2027
From 1 March 2027, Victorian law requires a mains gas hot water unit that fails in an existing home to be replaced with an electric one. Limited exemptions apply, for example where there is no room for an electric unit.
What the Victoria gas ban means for your hot water, with the regulation and the exemptions.
What households are replacing
PumpSwap publishes figures from its own quote requests: what system each household is replacing, by state, with the sample size shown. They are in two dated releases: who is leaving gas hot water and the hot water bill solar never touches.
How these figures are produced
Government figures are quoted with a link to the page they come from. PumpSwap prices and running costs are modelled, and every one on this page is read from the same data as the price, rebate and brand pages, so the numbers agree across the site. Our editorial standards set out the method and how to tell us when a figure is wrong.
Cite this page
Journalists, researchers and other websites are welcome to quote these figures with a link back.
Source: PumpSwap, “Heat Pump Hot Water in Australia: Key Figures”, updated 9 November 2026. https://pumpswap.com.au/heat-pump-hot-water/statistics<a href="https://pumpswap.com.au/heat-pump-hot-water/statistics">Heat Pump Hot Water in Australia: Key Figures (PumpSwap)</a>