Questions / Hot Water System Replacement

Are heat pump hot water systems worth it in Australia?

For most households, yes, if you can wear the upfront cost. Heat pumps sit at the top of the $1,000 to $5,000 supplied-and-installed band but use around a quarter of the electricity of a resistive tank, and state rebate schemes can close most of the price gap at purchase. The fuel-change plumbing and electrical work is what varies quote to quote. Tip: get the rebate paperwork confirmed in writing as part of the quote, not as an afterthought at invoice time.

Full ranges, factors and sources: Hot Water System Replacement cost guide.