Pricing for the Midea HP170 heat pump hot water system
For most installations, we can supply and install a new Midea HP170 heat pump hot water system for $3,100.
While the full price of a Midea HP170 heat pump with standard installation is $4,000, we provide a discount of $900 in exchange for the renewable energy credits that arise with the installation. This brings the price down to $3,100. This makes it the best value heat pump hot water system on the market!
A standard installation means that
- You have a typical electric hot water storage system located outside your house
- We are installing a Midea HP170 heat pump in the same location
- The heat pump will utilise the existing plumbing and hard-wired electrical cabling
- It will be positioned on the same concrete slab or a similar concrete base that your old hot water system was positioned on.
At the time of installation, we will ask you to sign a form in which you assign the renewable energy credits from this installation to us.
These credits are known as Small-Scale Technology Certificates.
| Price breakdown – Midea HP170 | |
| Price including installation | $4,000 |
| Discount for assignment of STCs | $ 900 |
| You pay | $3,100 |
What does this price include?
- The cost of delivering the heat pump to your premises, so long as you are no more than 30 km from our warehouse
- Goods and services tax (GST)
- Installation of the system by a licensed plumber and licensed electrician
- Provision of all valves that may be needed (tempering, and possibly pressure limiting and non-return valves)
- Provision of an isolation (on/off) switch at the wall, and a safety switch (RCD) at the switchboard
- All necessary government compliance certificates
- Removal of your existing hot water system
- Removal of all heat pump packaging
To keep our administrative costs as low as possible, we require full payment at the time of installation, normally by credit card.
Non-standard installations
If we are not replacing a standard electric hot water system, some additional costs may arise. This usually happens when the heat pump is to be placed in a different location to the previous hot water system, where it replaces a gas hot water system, or where the heat pump is to be located in a new house. Typical additional costs are for:
- A licensed electrician to provide cabling in more complex situations (e.g. 2-storey house or colourbond roofs (est. cost $100)
- A licensed plumber to provide additional plumbing to the location (est. $330)
We will provide you with a firm quote prior to installation.
