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Rebates can cover a big chunk of your heat pump install.

See how much you can save

Heat pump water heaters

There’s no place like a home with a heat pump water heater

A single all-electric system that guarantees hot water, clean air, and peace of mind.

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2,000+ happy homeowners and counting—we’re ready when you are.

Why

What is a heat pump water heater?

A heat pump water works as smoothly as butter on toast. Instead of burning polluting fossil fuels, it heats water reliably by moving air.

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Hot water, way more efficient

Heat pump water heaters use 2-3x less energy than traditional systems, enabling you to help the planet while enjoying your cozy, warm water year-round.

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Better for your home's air

No gas means you’re no longer burning dangerous and polluting fossil fuels in your home. Studies show children are 42% less likely to develop asthma in all-electric homes.

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Easier on your wallet

Many homeowners see lower energy bills right away — especially if they’re upgrading from an older, inefficient system.

Find your fit

Which heat pump water heater is right for you?

From sizing to special extra features, there’s truly the right heat pump water heater for every home.

The brands we know, trust, and install

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Pricing

Hot water fit for a spa—and your wallet

We deliver transparent pricing and handle all rebates and incentives, even advancing you money upfront. Your piggy bank will thank you.

Heat pump water heater estimate

Installation & Materials $6,500 - $9,000
Permits & inspections Included
Rebates $3,000 – $16,000
Financing Starting at 0%
Your total $0 – $6,000

We are an approved and rebate-eligible installer in all our locations

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Colorado energy office logo
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Approach

How we get it done

Trusted by thousands of families nationwide, we make modernizing your home easy, affordable, and safe. Here’s what to expect:

Get a free estimate

Step 1

Get a free estimate

Discover which rebates and incentives you qualify for.

Consult an expert

Step 2

Consult an expert

Design your perfectly sized system with your Home Comfort Advisor.

Sit back & relax

Step 3

Sit back & relax

Installation, inspections, rebate processing—yep, we handle it all.

Feel the comfort

Step 4

Feel the comfort

Enjoy reliable comfort throughout your home all year long.

Happy customers

Herd it here first

"I scheduled a consult with Alejandra after our 11yo tankless water heater went out. She prepared a proposal for a heat pump water heater within an hour and had the install scheduled for the same week. Proposal has two options and included all rebates. No up selling, no bundled service plan. Just was I asked for and nothing more. Trey did a walk through the next day to explain the installation and answer any questions. Contractor showed up on time, made efficient use of the small space for a clean installation that looks good and functions well. They removed the excess gas line and gave me a new shutoff next to my dryer free of charge. Very pleased with the communication, proposal, implementation and follow up. This is a great team for anyone looking to upgrade mechanical systems and reduce their carbon footprint."

Michael

Los Angeles, CA Jan 2026

"Very good experience. They took care of the rebate paperwork, coordinated the electrician, plumber, and enclosure construction, and ensured everything was done properly. The work was high quality, and I felt like I was being taken care of. Thanks to Alejandra, Akshanka, and Trey for making this an efficient, painless process. I am very pleased with my water heater, and I highly recommend Elephant Energy."

Joyce

Whittier, CA Dec 2025

"We used Elephant Energy to get a new heat pump water heater installed in early November. I had been wanting to do this for a loooong time and had met with two other contractors trying to get to a reasonable quote. Elephant (Alejandra, Trey and Akanksha) were on top of everything from the initial phone call to the remote inspection. I saved a LOT of money and am getting closer to my clean energy future thanks to the team. And the plumber and electrician were on time and organized. Such a relief!"

Leslie

Los Angeles, CA Dec 2025

"I can’t say enough good things about Elephant Energy. Save your time looking around, and hire these guys today! They installed a heat pump and a heat pump water heater in our house, and the experience couldn’t have been better. Their pricing was clear and fair and they go get the rebates so you don’t have to. They are professional, very nice, responsive, and do outstanding work. Simply put, they are the best at what they do!!"

Michael

Denver, CO Nov 2025

"We had a great experience replacing our faltering gas water heater with a heat pump water heater. The electrical was more complicated than initially anticipated thanks to some quirks of our home, but our electrician was creative, thorough, and got the job done. The duo that installed our water heater were just as excellent. What really stands out, though, is that we locked in our price a few days before the city of Denver abruptly ended their electrification rebate. However, we didn't find out that happened until a few weeks ago because Elephant ate the lost rebate in excess of $2000 and they kept quiet about it for months. We are so appreciative of their professionalism and for not leaving us holding the bag. Eventually, we'll have to replace our HVAC and when that happens we'll go with Elephant."

Christina

Denver, CO Jul 2025

"I would give them 6 stars if I could! Santiago is my PM and Luke is my Advisor. Both go above and beyond. Quick story: my gas hot water sprung a leak yesterday and we were scheduled to get our new heat pump hot water heater in 2 weeks, oh no! Santiago sprang into action and must have called in a lot of favors because he got his plumber and electrician the very next day. Amazing service and it was the week before Xmas!! These Elephant guys are really nice people."

Young

Brookline, MA Dec 2024

"Had a great experience with Elephant Energy! Sean from sales was knowledgeable and helpful with getting the best system for our house, and Santiago was great as our project manager. We installed 2 mini splits, added a ducted system for the upstairs, and replaced our old oil tank & boiler with a heat pump water heater. We’ve had the system for a week and everything is working great and the installation looks nice and appears to be done well. We called around and got MANY quotes and Elephant was reasonable on pricing and willing to work with us to get something that fit our needs and budget. Would definitely recommend Elephant to anyone looking to install heat pumps!"

Elizabeth

Boston, MA Sep 2024

"Incredible experience all around. We were looking to get a heat pump water heater installed in our house. We got quotes from 4 companies including Elephant. The other three were upcharging us by about $3-4k over Elephant and were unwilling to do any paperwork to help out with any rebates. Elephant gave us the most competitive price by far, gave us 100% of the possible rebates for Xcel and the state, and showed up and did an extremely professional and quick job. Highly recommend!"

Riley

Broomfield, CO Aug 2024

"Elephant Energy installed heat pumps and heat pump water heaters at my house and my rental, and did a great job on both despite both projects being pretty complicated. Highly recommended."

Andy

Boulder, CO Jun 2023

The herd

Meet your team

Trusting someone with your home can feel scary. That's why you bring in our trusted and vetted pros.

2,000+ happy homeowners with glowing reviews
Clean background and business checks
Verified licenses and insurance coverage
Elephant energy team inspecting heat pump water heater
Elephant energy team installing heat pump water heater

FAQ

How can we help?

We've answered thousands of heat pump water heater questions. Here are the most common ones:

About as loud as a modern refrigerator—typically 40-50 dB. If noise is a concern (like with a basement living room nearby), we can discuss placement options or soundproofing measures.

Yes! Many state, local, and federal programs offer rebates and tax credits for heat pump water heaters, often covering thousands off the cost. We’ll help you find every incentive you qualify for and even front the rebate so you save upfront.

A heat pump water heater moves heat from the air into your water, while gas and tankless systems burn fuel or generate heat directly. This makes heat pump water heaters 2-3x more energy-efficient, often cutting energy use (and often your bills) in half compared to traditional water heaters.

Yes. Modern HPWHs can pull heat from the air in temperatures down to about 37°F-40°F. If the garage or basement gets colder than that, the unit automatically switches to the standard electric heating elements to ensure you still have hot water.

In most cases, yes! Heat pump water heaters are highly efficient, using up to 70% less electricity than standard electric water heaters. Most households save roughly $300–$500 per year on energy bills, and with rebates and incentives, the payback period is often just 2–4 years.

We’ll help you calculate your potential savings and ensure you get every incentive available — so your system pays for itself faster and starts saving you money right away.

Not necessarily, but the "recovery rate" (how fast it reheats) is slower in pure heat pump mode. Most units are hybrids, though, so they have backup electric elements for high-demand situations.

  • Efficiency Mode: Uses only the heat pump (slower recovery, highest savings).
  • Hybrid/Auto Mode: Uses the heat pump most of the time, but switches to standard electric heat if demand is high (like when the in-laws are visiting)

Ready for a healthier, comfier home?

You deserve a home that’s comfortable and efficient. We’ll help you get there with confidence.

Dedicated team
Maximum rebates
Guaranteed comfort