iStore Heat Pump Prices in Victoria
A iStore hot water heat pump is $2,800 - $4,400 installed in Victoria before rebates. After Victoria rebates and federal STCs, most households pay around $90-$2,640 out of pocket. Australian-owned company (part of the Solargain group) offering affordable integrated heat pumps, manufactured overseas to iStore specification. The iStore has gained popularity as a budget-friendly option, especially for households looking to maximise rebate value. Simple installation process.
iStore price in Victoria (2026)
Out-of-pocket assumes federal STCs plus Victoria's available rebate stack, applied by your installer at point of sale. Cheapest model: iStore 180L from $2,800.
Victoria gas ban: why it matters for iStore buyers
From 1 March 2027, gas hot water systems in existing homes must be replaced with an efficient electric alternative (heat pump) when they reach end-of-life. Repairs are still allowed. New builds already banned from gas connections since January 2024. Rentals also face mandatory replacement of gas heaters.
With 80% of Victoria homes connected to gas, planning your iStore replacement now lets you claim rebates and choose your installer on your timeline.
iStore rebates in Victoria
Small-scale Technology Certificates (STCs)
Applied as a point-of-sale discount on your iStore system. Value varies by model and climate zone.
Solar Victoria Hot Water Rebate
Victorian owner-occupiers: 50% of the purchase price up to $1,000, or up to $1,400 for an eligible locally made system. Combined household taxable income under $150,000 (reduced from $210,000 on 1 July 2026), property value under $3 million, replacing a system at least 3 years old, using a Solar Victoria registered installer. Stacks with the VEU discount and federal STCs.
Victorian Energy Upgrades (VEU) Certificates
All Victorian households. A variable point-of-sale discount funded by energy-saving certificates (VEECs), currently up to around $630 depending on the certificate price. Stacks with the Solar Victoria rebate.
iStore models available in Victoria
iStore 270L
iStore 180L
iStore prices across Victoria
Local pricing and free quotes for iStore in major Victoria areas.
Heat pump hot water costs across regional Victoria
iStore in Victoria: FAQ
How much does a iStore heat pump cost in Victoria?
A iStore hot water heat pump costs $2,800 - $4,400 fully installed in Victoria before rebates. After stacking those rebates, most Victoria households pay around $90-$2,640 out of pocket.
What rebates can I claim on a iStore heat pump in Victoria?
On top of federal STCs (worth $560-$680), Victoria households can stack Solar Victoria Hot Water Rebate and Victorian Energy Upgrades (VEU) Certificates, taking total rebates to $1,760-$2,710. That is the biggest stack in the country, and most of it is automatic: STCs and the Victorian Energy Upgrades discount are already inside the price your installer quotes. Solar Victoria's rebate is the one worth going after on top, and your installer drives it. They lodge it with your quote, you add ID and proof of income, and it comes off your invoice on approval.
How does the Victoria gas ban affect my iStore choice?
From 1 March 2027, gas hot water systems in existing homes must be replaced with an efficient electric alternative (heat pump) when they reach end-of-life. Repairs are still allowed. New builds already banned from gas connections since January 2024. Rentals also face mandatory replacement of gas heaters. A iStore heat pump is a compliant electric replacement, and planning the switch before your gas unit fails lets you claim the rebates and choose your installer on your own timeline rather than in an emergency.
Where can I get a iStore heat pump installed in Victoria?
PumpSwap matches you with local Victoria installers who quote on iStore systems. Submit one request and compare up to three quotes from installers covering your suburb, with rebates already factored in.
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