How much does a heat pump water heater cost?
Heat pump (hybrid) water heater installation runs $2,200 for a basic 50-gallon swap, $3,800 for a typical 65–80 gallon install with condensate routing, and $6,000+ for utility-rebate-qualifying premium models.
Quick price points (2026)
| Tier | Cost | Unit |
|---|---|---|
| Low | $2,200 | installed |
| Typical | $3,800 | installed |
| High | $6,000 | installed |