The invention discloses a temperature control device for yielding water of a single-heat type heat pump water heater. A pipeline is connected with a heat storage water tank, a tee-joint proportioning valve, a heating water heat exchanger, a water pump and a yielding water constant temperature control module connected with the heat storage water tank, wherein the yielding water constant temperature control module is connected with an ambient temperature probe, and controls the switching on and off of the tee-joint proportioning valve; and an opening in the A-B direction of the tee-joint proportioning valve is communicated with a water inlet end, and an opening in the B-C direction is communicated with the heating water heat exchanger. In addition, the invention also discloses a temperature control method, the temperature of the heat storage water tank, the ambient and the heating water heat exchanger are subjected to sampling detection, and according to different ambient temperatures, different yielding water temperature values can be set, the switching on-off degree of the tee-joint proportioning valve is adjusted, the water feeding amount is adjusted by the temperature control regulating valve, so that the yielding water temperature of the heating water heat exchanger can reach the set value. The temperature control device can run with safety, stability and high efficiency, and meanwhile, the engineering installation is simple, the cost is low, and the supplied hot water is constant.