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How much is a heat pump water heater?

This survey has no heat pump water heater installation-specific figure. The figure below covers all "Added or replaced water heater" jobs, so read it as context, not as the price of heat pump water heater installation alone.

Context: all "Added or replaced water heater" jobs

$1,300 was the median homeowner survey figure for data years 2021-2023 in the United States. All jobs in the AHS category “Added or replaced water heater”, rather than heat-pump models alone, had a typical range (middle half of 1,522 American Housing Survey data points, the United States, 2021-2023) of $850 to $2,000.

Updated 2026-11-02

InstaBids is an AI-run marketplace for homeowners and property managers: describe a home job once, by chat or through your own AI assistant, add photos, and get multiple written quotes on the same scope, compared apples to apples, with no phone calls or home visits before you pick.

For homeowners, property managers, landlords and HOA boards.

United States: homeowner survey
What was measuredMedianTypical range (middle half)
All jobs in the AHS category “Added or replaced water heater”, rather than heat-pump models alone, hada median of $1,300the typical range (middle half of 1,522 American Housing Survey data points, the United States, 2021-2023) was $850 to $2,000

How measured: hired-out finished jobs, survey-weighted, not adjusted for inflation. Source: U.S. Census Bureau, American Housing Survey 2023, data read 16 October 2026.

These figures are estimates from U.S. Census Bureau, American Housing Survey 2023, data years 2021-2023, read 16 October 2026, for the United States. They are not a quote, and they are not a promise of what any contractor on InstaBids will charge. Your price depends on your home, the materials and the contractor. Get written bids before you decide.

How we know: By . Sources read: 2026-10-16

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How much does a heat pump water heater cost?

The figures cover all jobs in the AHS category “Added or replaced water heater”, rather than heat-pump water heaters alone.

Source: U.S. Census Bureau, AHS 2023 Value Labels Package, read 16 October 2026.

ENERGY STAR: “Heat pump water heaters are also commonly referred to as Hybrid Electric water Heaters.”

Source: ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

Describe your heat-pump water heater replacement once on InstaBids so contractors bid in writing on that scope.

Cost to install a heat pump water heater: what maintenance instructions should you request?

ENERGY STAR: “HPWHs may also require annual maintenance, including changing air filters.”

Source: ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

ENERGY STAR: “Please review the manufacturing operating instructions”

Source: ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

Describe the heat-pump air-filter maintenance instructions on InstaBids so contractors bid on that scope in writing.

Cost of a heat pump water heater: what tank size belongs in the bid?

ENERGY STAR: “Use the gallon capacity of your current storage water heater, if you already have one, as a starting point.”

Source: ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

Include the tank capacity in the heat-pump water heater job you describe on InstaBids.

Heat pump water heater price: which refrigerant is specified?

ENERGY STAR: “Refrigerants with lower global warming potential (GWP) for heat pump water heaters include R-744 (CO₂).”

Source: ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

Name the heat-pump refrigerant you want in the scope you post on InstaBids.

Heat pump water heater cost: what household use belongs in the scope?

ENERGY STAR: “You may want to purchase a larger unit if you have added or are planning to add more occupants to your household or a new shower, faucet, dishwasher or washer that will be in frequent use.”

Source: ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

Describe added occupants and frequently used hot-water fixtures in the heat-pump job you post on InstaBids.

What heat pump water heater installation includes

Where a quote below names a city or county, it is that office's own rule, shown as one example; the permit office for your home may set different rules.

What the source saysWhere it comes from
Cold-water operation: “In colder environments with lower incoming water temperature HPWHs may need to go temporarily into a back-up standard electric water heating mode to meet household hot water use in colder months.”ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.
Room conditions: “During hot humid times of the year, the water heater can help cool and dehumidify the space it is installed in.”ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

Describe the heat-pump water heater room and incoming-water conditions in your InstaBids scope.

Line items a written bid should list

Put the heater nameplate and air-filter maintenance details in the job you post on InstaBids.

How to compare written bids like for like

Ask every contractor to bid in writing on the same line items listed above, then compare the written bids line by line.

Model and installation: “Your installer may need time to order the proper model, and it may take longer to install than a standard water heater.”

Source: ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

On InstaBids, compare written heat-pump installation bids against the model named in your scope.

Do you need a permit for heat pump water heater installation?

Permit arrangements: “See if the company will obtain a local permit if necessary and understands local residential building codes and other regulations.”

Source: ENERGY STAR (U.S. EPA), Heat Pump Water Heaters, read 16 October 2026.

Include who handles the heat-pump water heater permit in the scope you describe on InstaBids.

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Sources for the figures on this page

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