Abstract: There is disclosed an electric water heating apparatus (10) comprising a water reservoir (12) having a closable aperture for receiving water therein; a heat pump assembly (14) including at least a portion of a condenser coil (16) located inside the water reservoir (12), operatively enabling a compressed refrigerant to flow through the condenser coil (16) for heat exchange to take place between the condenser coil (16) and the water inside the reservoir (12) to heat the water inside the reservoir (12); a water heating conduit (18) extending at least partly through the water in the water reservoir (12), operatively conveying water there through between an inlet (20) and an outlet (24) and being in fluid communication with a water reticulation network, for water passing though the water heating conduit (18) to be indirectly heated via heat transfer from heated water inside the water reservoir (16).