Best Heat Pump Water Heaters for 2024

We analyzed top picks from leading reviewers to find the best for every need
Published: March 27th, 2024
Last Updated: June 19th, 2024

♻️Thinking about a heat pump water heater? They're a great way to cut down on energy use and be kinder to the planet. Instead of generating heat, they move it around, which means big savings on your utility bills. We've done a deep dive into the options out there and have rounded up the top heat pump water heaters for 2024. Whether you've got a big family or a smaller household, there's something here for everyone.

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Overall Best: Rheem Performance Platinum

Rheem Performance Platinum 9.5 GPM Natural Gas High Efficiency Indoor Tankless Water Heater

The Rheem Performance Platinum is our top pick for 2024, standing out due to its remarkable energy efficiency, quiet operation, and advanced smart technology. Available in multiple tank sizes (40, 50, 60, 75, and 80 gallons), it offers flexibility to suit different household needs. The smart features, including mobile temperature control and energy tracking via Wi-Fi, provide unparalleled convenience. One of its standout aspects is the impressive 12-year limited warranty, ensuring long-term peace of mind. However, it's important to note that it may not comply with Ultra Low NOx (ULN) emissions standards in California or Utah. Overall, this model is a robust, reliable choice for those seeking an efficient and high-tech water heating solution.

Lowest at any Popular Retailer
$1,279.99 at Amazon

More Answers

Still curious about the Rheem Performance Platinum Tankless Water Heater? Here are some answers you might find interesting:

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Is the Rheem Performance Platinum 9.5 GPM tankless water heater easy to install?
Installing the Rheem Performance Platinum 9.5 GPM tankless water heater can be quite manageable if you have the necessary skills and experience, but there are a few things you should keep in mind. First, it's worth noting that this model is designed for residential use and does a great job of providing hot water on demand. It's pretty energy-efficient too, with an [ENERGY STAR](https://www.shopsavvy.com/redirect?url=https%3A%2F%2Fwww.amazon.com%2Fs%3Fk%3Denergy%2Bstar%26tag%3Dssw.ans.tx-1-20) certification and a 0.93 Uniform Energy Factor (UEF). This means it could be eligible for energy rebates, which is a nice bonus. Now, about the installation—it's not like just plugging something in. It needs a specific setup kit, including shut-offs and a pressure relief valve, to work safely and efficiently. The manufacturer emphasizes following their installation instructions closely. If you're pretty handy and have experience with DIY projects, especially involving plumbing or gas systems, you might feel comfortable tackling this installation. But if not, you might want to call in a professional. Our research suggests that having a pro take care of it can ensure everything's done right and might prevent any future issues. Once it's all set up, research suggests the performance is generally reliable. While it might take a bit longer for hot water to start flowing compared to a tank system, it handles multiple fixtures well—ideal for larger households. Overall, while there are some initial setup considerations, its energy efficiency and steady hot water supply could make it a good upgrade from a traditional water heater. Just be sure you’re ready for the install requirements, and don't hesitate to call a pro if needed to get off on the right foot.
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How energy efficient is the Rheem Performance Platinum 9.5 GPM tankless water heater?
The Rheem Performance Platinum 9.5 GPM tankless water heater is pretty solid when it comes to energy efficiency. Since it heats water on demand, it doesn't need to keep a big tank of water hot all the time like traditional water heaters. So, that can lead to some decent energy savings. According to the manufacturer's details, it's a model that’s designed to be mounted on a wall, which is neat if you're cramped for space. This setup isn't just about saving you floor space; it also makes it easier to access when you need to do any maintenance. That compact design can be pretty convenient if you're dealing with tight spots in your home. From what we've gathered, folks seem to like how flexible the unit is in terms of where you can place it. You can hang it on a wall in different areas of your home, which helps keep it running efficiently. One person even mentioned how easy it was to move the heater around, which shows its adaptability for various living spaces. Just a heads up, though—make sure wherever you plan to mount the unit can support it. Plus, with gas and venting involved, getting a professional to install it is definitely a smart move to ensure it works safely and efficiently. In short, the Rheem Performance Platinum 9.5 GPM model isn’t just about trimming your energy bills. It's also about having a more intelligent water heating solution that fits well in your home, offering reliable hot water whenever you need it—provided it’s set up right and maintained properly.

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Runner-up: Rheem ProTerra

Our runner-up, the Rheem ProTerra, offers many of the advantages of the Performance Platinum with added features that enhance safety and utility. Its LeakGuard technology provides 360-degree leak detection, automatically shutting off the water supply to prevent potential damage. This model also includes versatile operating modes such as High Performance and Vacation modes to adapt to various usage patterns and demands. Although it comes with a higher initial cost, its added features and the peace of mind from leak prevention make it a worthy investment for those seeking both performance and security.

Lowest at any Popular Retailer
$1,699.00 at Home Depot

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Budget Pick: Richmond Encore 10E40-HP530

For budget-conscious shoppers, the Richmond Encore 10E40-HP530 delivers excellent energy efficiency at a more affordable price. Despite its lower cost, it does not compromise on performance, offering multiple modes including Energy Saver, Heat Pump, High Demand, Electric, and Vacation/Away to cater to different needs. Users can enjoy up to 4X energy savings and potentially save up to $480 annually. This model provides an economical yet efficient solution for those who want to reduce their energy consumption without a high upfront investment.

Available at Amazon
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Best for Small Spaces: LG APHWC501M Inverter Heat Pump Water Heater

The LG APHWC501M Inverter Heat Pump Water Heater is specifically designed for small spaces, making it an ideal option for those with limited installation areas. This model excels in its whisper-quiet operation, thanks to dual inverter compressor technology that maximizes energy efficiency while minimizing noise. Furthermore, its integration with other LG smart home products enhances overall convenience. While it may have fewer qualified installers due to being a relatively new product, it provides an excellent balance of quiet performance, energy efficiency, and smart technology for households prioritizing these features.

Available at Amazon
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Best for Medium-sized Households: Stiebel Accelera 300 E

The Stiebel Accelera 300 E is a prime choice for medium-sized households, equipped with a 58-gallon tank that comfortably meets the hot water needs of 4-5 people. Known for its durability and energy efficiency, this model comes with a strong 10-year warranty, ensuring reliable performance over the long term. Although the initial cost is on the higher side, the Accelera 300 E's robust performance and energy savings make it a worthwhile investment for medium-sized families.

Lowest at any Popular Retailer
$3,652.75 at Amazon

Best for Customized Heating: Bradford White AeroTherm

The Bradford White AeroTherm offers excellent flexibility for households needing customized heating solutions. With five operation modes—Heat Pump, Hybrid, Hybrid Plus, Electric, and Vacation—this model allows for extensive customization to match your specific hot water demands. Available in various tank sizes (50, 65, and 80 gallons), it’s ideal for larger families. Although professional installation is required and the initial investment is higher, the AeroTherm’s versatility and efficiency make it an outstanding choice for those seeking tailored water heating solutions.

Lowest at any Popular Retailer
$3,738.83 at Amazon

Best for Compact Systems and Small Spaces: SANCO2 GS4-45HPC

The SANCO2 GS4-45HPC is a fantastic choice for compact spaces, featuring a split-system design that separates the storage tank and heater. This makes it particularly suitable for apartments and small homes. The system offers rapid hot water recovery and simple installation, although it does come with a higher upfront cost. Additionally, the warranty remains valid only if installed by a licensed professional. For those needing an efficient, compact solution with reliable performance, the SANCO2 GS4-45HPC is an excellent option.

Available at Amazon
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