Eight-time ENERGY STAR® Contractor of the Year
GreenSavers stands out as an eight-time ENERGY STAR Contractor of the Year and certified B Corporation. Since 2007, we’ve installed thousands of heat pump water heaters and other energy-saving systems in Portland and Central Oregon - all with a satisfaction guarantee..
Three steps to get a new heat pump water heater
Get in touch
Call or text us at (503) 223-8767 to schedule your appointment. We’ll assess your current water heater and help you choose the right high-efficiency heat pump model for your home and budget.
Installation day
Once you approve your proposal, we’ll get your installation on the books. Most projects take just a few hours. Our team handles everything—removal, installation, setup, and cleanup.
Start saving
Your new heat pump water heater can cut energy use by up to 70%. We’ll make sure you get every available rebate and tax credit to lower your upfront cost and boost your long-term savings.
You’ve got options for water heater installers
See what sets GreenSavers apart from the rest
Read reviews about our heat pump water heater installations in Portland and Central Oregon →
Wondering if a heat pump water heater is right for you?
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Heat pump water heater resources│Portland and Central Oregon
Historic home, modern upgrades
This 1912 home in NW Bend had aging gas systems, poor insulation, and drafty rooms. We replaced the water heater and other appliances with efficient electric models. Here’s an inside look at the project.
Ready to go all-electric?
With GreenSavers, electrifying your home is simple. We’ll help you plan, install, and save—replacing gas systems with efficient electric upgrades that lower bills and emissions from day one.
Net Zero Energy in Action
By sealing air leaks, upgrading insulation, installing solar, and switching to efficient electric systems, Ryan and Megan turned their Portland home into a net zero energy powerhouse—with a 10% energy surplus.
What Sets GreenSavers Apart?
8+
GreenSavers has won the ENERGY STAR Contractor of the Year Award eight years running - recognized by the U.S. Department of Energy from a field of over 1,300 contractors.
GreenSavers has helped more than 5,000 Portland and Central Oregon homeowners upgrade with heat pump water heaters and more - backed by our 100% satisfaction guarantee.
$200K+
GreenSavers has helped Oregon homeowners secure over $200,000 in rebates. As a 5-star Trade Ally with the Energy Trust of Oregon, we’ll make sure you don’t leave any incentives on the table.
Where do you install heat pump water heaters
Portland, Oregon
Phone: 503.223.8767
Email: hello@greensavers.com
Address: 3029 SE 82nd Ave, Portland, OR 97266
Typical office hours: 8:30am to 5pm, Monday to Friday
Bend, Oregon
Phone: 541.330.8767
Email: hello@greensavers.com
Typical office hours: 8:30am to 5pm, Monday to Friday
Areas We Serve in Central Oregon
In Central Oregon, we serve an area that’s about a 45-minute drive from our office in Bend. Curious if you’re in our service area? Just give us a call at: 541.330.8767
How to lower your energy bills in Oregon ... for free
Download our free eBook, No and Low Cost Energy-Saving Tips. This practical guide helps homeowners in Portland and Central Oregon lower energy bills without spending a dime. Inside, you'll get 40 pages of step-by-step tips, how-to videos, estimated savings, and more.
Common Questions: Heat Pump Water Heaters in Portland and Bend
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A heat pump water heater is a high-efficiency upgrade that heats water using electricity—but in a smarter way. Instead of creating heat like a traditional electric model, it captures warmth from the surrounding air and transfers it into the water tank.
Here’s how it works: Think of it like a refrigerator in reverse. It pulls in warm air, uses a refrigerant to absorb the heat, and then moves that heat into the water.
Because it moves heat instead of making it, it uses up to 70% less energy—so you get all the hot water you need for showers, laundry, and dishes, with lower energy bills.
Curious if it’s the right fit for your home? Call us at (503) 223-8767 or book online to meet with a GreenSavers consultant.
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It all comes down to how it heats water—and how much energy it saves.
Here’s the quick comparison:
Electric models use resistance heating, which is simple but energy-hungry.
Gas models burn fossil fuels, which heats water quickly but adds carbon emissions and requires venting.
Heat pump water heaters work differently. They pull heat from the surrounding air and transfer it into the tank—using a fraction of the energy.
That makes heat pump water heaters up to three times more efficient than standard electric units. They cut utility bills, shrink your carbon footprint, and still deliver plenty of hot water for your home.
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Yes! And it adds up fast. If you’re switching from a standard electric water heater, the savings with a heat pump model are significant.
ENERGY STAR estimates that a certified heat pump water heater can save a family of four around $550 a year. That’s over $5,600 in lifetime savings. Even smaller households see noticeable cuts to their utility bills.
While the upfront cost is higher, most homeowners break even in less than 3 years. After that, it’s just pure savings—for 10 years or more. It’s one of the smartest, fastest payback upgrades you can make.
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For many Oregon homes, the answer is yes—but here’s what to consider:
Got space? You’ll need about 700 cubic feet of air around the unit (a basement, utility room, or big laundry room works great).
Electric hot water? If you already have an electric system, upgrading is easy. On gas? No problem—our licensed electricians handle the conversion.
Want lower energy bills? Heat pump water heaters are one of the biggest energy savers, especially for families.
Thinking long term? The upfront cost is higher, but monthly savings add up fast. It’s a smart investment if you plan to stay in your home.
Still unsure? Book a free consultation and we’ll take a look. Call GreenSavers at: (503) 223-8767
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In most cases, yes—but it depends on what you’re starting with.
If you have an electric water heater: Great news. A heat pump water heater will usually work with your current setup with minimal or no changes.
If you’re switching from gas: You’ll need a new 240V dedicated circuit. Don’t worry—our licensed electricians handle the upgrade in-house.
Plumbing: These systems use the same water lines as standard tanks, so most homes are already set.
We’ll confirm everything during your consultation to make sure your installation goes off without a hitch.
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Most homeowners pay between $3,500 and $5,500 total, including installation. The exact price depends on a few key factors:
The size and efficiency of the unit
Whether you're switching from gas to electric
Any plumbing or electrical updates needed
Available rebates and tax credits
Thanks to federal tax credits and local incentives, your final cost can drop by 50% or more. After your consultation, we’ll give you a clear quote and help you claim every rebate and tax credit you qualify for.
Call us to get started: (503) 223-8767
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Absolutely. GreenSavers partners with trusted local lenders to offer flexible financing options for heat pump water heaters and other energy upgrades.
Whether you want low monthly payments, no money down, or a short-term loan you can pay off quickly, we’ll help you find the right fit for your budget.
During your consultation, we’ll walk you through your options and handle the paperwork to make the process as easy as possible: (503) 223-8767