A heat pump apparatus includes: a refrigerant circuit which includes a compressor, an utilization-side heat exchanger, a first expansion valve, and an outdoor heat exchanger; an injection pipe which includes a solenoid switching valve and a second expansion valve; and an objective supercooling degree table which stores objective supercooling degrees according to condensing pressure in the refrigerant circuit and rotation number of the compressor. In the heat pump apparatus, liquid refrigerant is injected to the compressor by way of the injection pipe. The heat pump apparatus switches between a first case where the liquid refrigerant is injected to the compressor and a second case where the liquid refrigerant is not injected, and a value of the objective supercooling degree is changed between the first case and the second case to control the first expansion valve based on the value of the objective supercooling degree.