Best Heat Pump Hot Water System NZ: What You Need to Know in 2026

Are you looking to upgrade your water heating system in New Zealand? You’re not alone. With rising energy costs and increasing demand for sustainable living, more Kiwis are switching to heat pump hot water systems. But which one is the best fit for your home?

In this article, we’ll break down what makes a great system, what to consider before buying, and highlight some of the best heat pump hot water systems in NZ in 2025.

What Is a Heat Pump Hot Water System?

A heat pump water heater extracts heat from the air and transfers it to the water in your tank. Think of it like a reverse refrigerator. It's an energy-efficient alternative to traditional electric or gas water heating.

Heat pumps use up to 70% less electricity than standard electric cylinders, making them one of the most efficient ways to heat water in New Zealand.

Why Choose a Heat Pump Water Heater in NZ?

New Zealand’s temperate climate is ideal for heat pump technology. Here are a few key benefits:

  • Energy efficiency – Lower running costs over time
  • Environmentally friendly – Reduced carbon footprint
  • Green Home Loan – Potential eligibility for your Bank to provide you a low-interest (mostly 1%) mortgage top up

What to Look for in the Best Heat Pump Hot Water System

Before you invest, consider these important factors:

  1. Efficiency rating (COP) – The higher the Coefficient of Performance, the better.
  2. Tank size – Choose a system that matches your household size (e.g., 180–270L for 3–5 people).
  3. Noise level – Some systems can be noisy, so check the decibel rating.
  4. Warranty & reliability – Look for a solid manufacturer warranty and proven performance in NZ conditions.
  5. Installation location – Avoid installing against a bedroom wall depending on the building materials.

Top Heat Pump Hot Water Systems in NZ (2025)

Here are five of the best-rated heat pump hot water systems available in New Zealand:

1. Rinnai Hydraheat

  • COP: Up to 4.7
  • Sound: 45dB(A)
  • Tank sizes: 275L (692x1750mm) and 340L (692x1995mm)
  • Key features: Smart control, frost protection, and built specifically for NZ weather and Coastal environments
  • Refrigerant: R290
  • Best for: Medium to large households, very clever modular design

Read Tim's full review for the Rinnai Hydraheat here

2. Econergy THD3500

  • COP: 3.22 (Up to 3.8 depending on conditions)
  • Sound: 52dB(A) @ 1.5m
  • Tank size: 180L (488x1770mm), 250L (580x1596mm), and 300L (580x1846mm)
  • Key features: NZ Made & Engineered, Patented Single-Pass Technology (60°C hot water in one pass), Solar PV ready, Retrofittable to existing cylinders.
  • Refrigerant: R134a
  • Warranty: 6 Year Performance Guarantee / 3 Years Parts & Labour (10 Year on Econergy Cylinders)
  • Best for: Most honest COP (based on AS/NZS 4692:2002) and highest real-world energy savings—delivering usable hot water to the top of the tank recovering faster than any other unit.

Read Tim's full review of the Econergy THD3500 here

3. Haier Monoblock Heat Pump Hot Water System

  • COP: 4.00 - 4.49
  • Sound: 43dB(A)
  • Tank sizes: 200L (630x1658mm) and 250L (630x1951mm) and 330L (758x1951mm)
  • Key features: Affordable, user-friendly controls, built-in WiFi, Solar PV ready
  • Refrigerant: R290
  • Warranty: 7 Years Cylinder / 5 Years Other
  • Best for: Budget-conscious families looking for reliable performance, quiet and slimline model (for 200L and 250L)

Read Tim's full review of the Haier Monoblock here

4. Rheem Ambipower 280e

  • COP: 5.2 (Significantly increased efficiency from 4.4 on the Ambiheat)
  • Sound: 47dB(A)
  • Tank size: 280L (1832 x 696 x 725mm)
  • Key features: Expanded operating range down to -6°C, built-in 2.4kW frost protection element, and advanced wrap-around microchannel heating technology.
  • Refrigerant: R290 (Natural refrigerant with ultra-low Global Warming Potential)
  • Warranty: 7 years cylinder / 3 years sealed system / 1 year parts & labour
  • Best for: Families of 3 to 6 looking for maximum energy savings (up to 74%) and reliable performance in frost-prone NZ climates.

Read Tim's full review of the Rheem Ambipower here

5. Gree Heat Pump Hot Water System

  • COP: 5.4
  • Sound: 44dB(A)
  • Tank size: 200L (663x1643mm) and 270L (663x1924mm)
  • Key features: Inverter technology allows for very quiet operation from the world's largest heat pump manufacturer
  • Refrigerant: R290
  • Warranty: 7 Years, fully comprehensive parts and labour, entire unit
  • Best for: Tech-savvy households wanting quiet and efficient performance with category-leading warranty

Read Tim's full review of the Gree Heat Pump Hot Water System here

Cost of Heat Pump Hot Water Systems in NZ

Prices for heat pump systems in NZ generally range from $4,000 to $6,750 depending on brand and tank size.

While upfront costs are higher than traditional systems, energy savings over time can pay off within 4 years.

👉 Be sure to check with your bank about Green Home Loans for low interest mortgage top-ups to help you invest in this technology.

Final Thoughts: Which Heat Pump System Is Right for You?

The best heat pump hot water system in NZ depends on your household size, budget, and location:

  • Want premium German design with limited maintenance? → Stiebel Eltron
  • Need a reliable system tailored for NZ weather? → Rinnai Hydraheat
  • Looking for smart features and a slimline model? → Haier
  • For a trusted, reputable NZ brand? → Rheem Ambiheat
  • Prefer a quiet, affordable model with a comprehensive warranty? → Gree 270L

Ready to Upgrade?

Whether you're building, renovating, or replacing an old hot water cylinder, switching to a heat pump hot water system in New Zealand is one of the smartest sustainability decisions you can make. Lower energy bills, smaller carbon footprint—and endless hot showers. 🌿🚿

Hot Water Shop shower man