200LStiebel Eltron SHP-O 201 Premium
4.27
COP
47
dB
7yr
Tank
Installed · rebates already off
VIC rebates stacked from ~$2,350 off your install

German engineering, 50 years of heat pumps
The SHP-O range: R290 all-in-one hot water with app control, A+ efficiency and 30 years of Australian backing.
4.27
COP (EN 16147)
R290 · 152 g
Refrigerant
7 yrs
Cylinder warranty
Germany
Origin

The story
STIEBEL ELTRON has been at it for 100 years, has built heat pumps for 50 of them, and has had an Australian arm for the last 30. That's a long run of conservative, well-made gear rather than the latest thing rebadged.
The Australian hot water range is the SHP-O — a sleek integrated unit in 200 L and 300 L. It runs on R290 with a charge of just 152 g (GWP 0.02), posts a COP of 4.27 on the 200 and 4.21 on the 300 to EN 16147, and lands an A+ energy label.
Everything's controlled through built-in WLAN and the MyStiebel app: temperature, boost, hygiene cycle, holiday mode and a proper time program so you can run it off your rooftop solar. Your installer can also log into the Servicewelt portal and change settings remotely, which kills a lot of call-outs.
There are two tiers. Plus (SHP-O 200/300) suits climate zones 1–4 and runs to -6°C — plenty for Melbourne suburbs. Premium (SHP-O 201/301) adds active defrost and runs to -10°C, which is the one for the ranges or anywhere that frosts hard.
Why people pick it
152 g of R290 with a GWP of 0.02 — about as low-impact as a heat pump gets.
4.27 COP on the 200 L and 4.21 on the 300 L, tested to EN 16147 at A20.
Built-in WLAN for boost, hygiene, holiday and timer control from your phone.
Installers tweak settings through the Servicewelt portal, often without a site visit.
Pushes the tank to 75°C on spill solar so your panels do the heavy lifting.
Active defrost and operation down to -10°C on the 201 and 301.
The range
Prices are installed, with Solar VIC, STC and VEEC rebates already taken off.
200L4.27
COP
47
dB
7yr
Tank
Installed · rebates already off
200L4.27
COP
47
dB
7yr
Tank
Installed · rebates already off
300L4.21
COP
47
dB
7yr
Tank
Installed · rebates already off
300L4.21
COP
47
dB
7yr
Tank
Installed · rebates already off
| Model | Tank | Suits | Refrigerant | COP | Sound | Installed |
|---|---|---|---|---|---|---|
| Stiebel Eltron SHP-O 201 Premium | 200L | 2–4 people | R290 | 4.27 | 47 dB | $3,494 |
| Stiebel Eltron SHP-O 200 Plus | 200L | 2–4 people | R290 | 4.27 | 47 dB | $2,994 |
| Stiebel Eltron SHP-O 301 Premium | 300L | 4–6 people | R290 | 4.21 | 47 dB | $3,621 |
| Stiebel Eltron SHP-O 300 Plus | 300L | 4–6 people | R290 | 4.21 | 47 dB | $3,121 |
* Brand-typical figure where the model spec sheet doesn't publish one. Always confirm against the manufacturer's data sheet.
Straight talk
Field pros
Field cons
Every unit we list is approved for all three Victorian incentives. We do the paperwork and take it off the price before you pay — no claiming it back later.
$1,000 standard
Solar VIC
~$700
STCs
~$650
VEECs
Send us your setup and we'll come back with a fixed installed price, rebates already deducted — no pushy follow-ups.