HOW TO USE IT
How to use the Heat Pump Water Heater Cost Calculator
- 1
Choose the capacity (50, 65 or 80 gal).
- 2
Enter the unit cost and labor.
- 3
Set whether an electrical upgrade or old-unit removal is needed.
- 4
Review the total cost and line-item breakdown.
THE MATH
Heat pump water heater cost formula
Total = unit + labor + electrical + removalA 65-gal heat pump water heater runs about $1,800. Labor adds ~$800, an electrical upgrade ~$500 and old-unit removal ~$150.
PRACTICAL EXAMPLE
65 gal, unit $1,800, labor $800, removal included
Unit = $1,800. Labor = $800. Removal = $150. Total ≈ $2,750.
FAQ
Frequently asked questions
How much does a heat pump water heater cost in 2026?
Nationally, $2,500-$5,000 installed depending on capacity.
Is it worth it?
It uses up to 3x less energy than a standard electric heater.
Are there rebates?
Federal and utility rebates may apply; check eligibility.