One of the fundamental pieces of information most buyers want to understand is ‘how much money will I save by upgrading to a hot water heat pump?’. The below calculator is designed to give you an indicative estimate on how much you’ll be able to save if your upgrading from existing gas or electric hot water system, and don’t worry, we’ve transparently listed all of our assumptions.
It will work the best if you have a gas and/or electricity bill handy so you can enter your rates. The calculations factor in the available federal, NSW and Victoria rebates that could apply and uses average pricing for a heat pump installation seen across Solar Choice’s broad network of pre-vetted installers. Your circumstances will vary depending on your own hot water usage and the quotes you’ve obtained.
Still unsure?
Read more about heat pump hot water systems in our buyers guide. We are also the leading platform for customer reviews for the different heat pump brands available in Australia – heat pump comparison.