40 gallon water heaters: heat pump and hybrid prices
From $1,699 to $2,749: 4 models from 3 stores, prices checked daily. The smallest heat pump water heaters made: for one or two people, or a tight closet that used to hold a 30 or 40 gallon tank.
Check the size your household needs and what it costs to run.
Best value ($/gal)
$42.48
Rheem ProTerra 40 Gal. Smart Hybrid Heat Pump Water Heater with LeakGuard · The Home Depot
Cheapest heater
$1,699
Rheem ProTerra 40 Gal. Smart Hybrid Heat Pump Water Heater with LeakGuard · The Home Depot
Typical $/gal
$55.23
Median across 6 in-stock listings
All stores
All brands
| Water heater | Volts | Store | Checked | Buy | |||||
|---|---|---|---|---|---|---|---|---|---|
| Rheem ProTerra 40 Gal. Smart Hybrid Heat Pump Water Heater with LeakGuard | 40 gal | 60 | 240 V | 3.83 | The Home Depot | $1,699 | $42.48 | 17d ago | View deal |
| Rheem Performance Platinum 40 Gal. Smart Hybrid Heat Pump Water Heater | 40 gal | 60 | 240 V | 3.83 | The Home Depot | $2,098 | $52.45 | 17d ago | View deal |
| GE Profile GeoSpring 40 Gal. 240V Smart Hybrid Heat Pump Water Heater with FlexCapacity | 40 gal | 64 | 240 V | 4.2 | Total Home Supply | $2,149 | $53.73 | today | View deal |
| GE Profile GeoSpring 40 Gal. 120V Smart Hybrid Heat Pump Water Heater with FlexCapacity | 40 gal | 46 | 120 V | 3.1 | Total Home Supply | $2,269 | $56.73 | today | View deal |
| GE Profile GeoSpring 40 Gal. 240V Smart Hybrid Heat Pump Water Heater with FlexCapacity | 40 gal | 64 | 240 V | 4.2 | HomElectrical.com | $2,629 | $65.71 | today | View deal |
| GE Profile GeoSpring 40 Gal. 120V Smart Hybrid Heat Pump Water Heater with FlexCapacity | 40 gal | 46 | 120 V | 3.1 | HomElectrical.com | $2,749 | $68.71 | today | View deal |
$/gal is the price divided by tank capacity. Compare the first-hour rating (FHR) too: it is what decides whether a tank keeps up with your busiest hour. The sizing calculator works out the FHR your household needs and the running cost.