Basic
$2,666 – $4,760 each
50-gallon ENERGY STAR heat pump water heater, condensate line, new supply connectors and T&P discharge, old tank hauled away
Install an ENERGY STAR heat pump (hybrid) water heater, about 50-65 gallons, replacing an existing tank; excludes rebates.
Energy Efficient Water Heater in Portland, Oregon typically costs $3,136 to $5,600 each as of 2026. Prices reflect local labor and material rates. Use our calculator below for a detailed, ZIP-code-adjusted estimate.
Prices in Portland are 15.0% higher than the national average for energy efficient water heater.
National average: $2,800 – $5,000 each
$2,666 – $4,760 each
50-gallon ENERGY STAR heat pump water heater, condensate line, new supply connectors and T&P discharge, old tank hauled away
$3,136 – $5,600 each
50-gallon ENERGY STAR heat pump water heater with a higher efficiency rating, Wi-Fi mode control, drain pan and condensate line
$3,920 – $7,000 each
50-gallon ENERGY STAR heat pump water heater with top efficiency rating, quieter compressor, leak alert and auto shutoff valve, drain pan
| Component | Category | Price Range | Unit |
|---|---|---|---|
| Materials | material | $1,323 – $2,363 | each |
| Labor | labor | $1,225 – $2,188 | each |
| Supplies & Other | supplies | $353 – $630 | each |
| Equipment & Disposal | equipment | $235 – $420 | each |
Labor costs in Portland run proportionally higher than materials, which may favor material-heavy solutions.
Connect with local energy efficient water heater contractors in Portland for personalized quotes based on your specific project.