The 10 Best Tankless Water Heaters in 2023 [Electric & Gas] 

Yes, there are tons of models and myriad brands available for tankless water heaters. Wondering how you can choose the best tankless water heater? Well, you just have to take a tour of this article. If you do, I am damn sure that you can pick your desired one.

Here, you will get the 10 best tankless water heaters as well as you can easily compare the electric and gas models through this article. 

I have also outlined all you need to know so that you can choose the finest tankless water heater for your household by selecting the right size and model of a heater from this review.

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Rheem 18kW Tankless Electric Water Heater 
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Rinnai Tankless Natural Gas Water Heater
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10 Best Tankless Water Heaters to Get the Most Energy-Efficient Solution 

Now, it’s time to dive into the deep of the 10 best tankless water heaters including features, specifications, pros, and cons. Also, you will get 5 electric tankless water heaters and 5 tankless gas water heaters which will assist you to evaluate them. 

As a result, you can easily pick your preferred one. So, let’s start to explore. 

Products Ideal ForPricing Details 
Rheem 18kW Tankless Electric Water Heater Kitchen & Bathroom BUY NOW
Ecosmart Electric Tankless Water HeaterHome, Office, Restaurant, RVBUY NOW
Bosch Thermotechnology Water HeaterShopping Mall, Airport, Stadium & OfficeBUY NOW
Stiebel Eltron Tankless Water HeaterCommercial Space, Restroom, or KitchenetteBUY NOW
Rheem 240V Tankless Water HeaterHome, Garage, Outbuilding, or RVBUY NOW
Rinnai Propane Tankless Water HeaterSmall Homes BUY NOW
Rinnai Tankless Natural Gas Water HeaterIndoor Locations BUY NOW
Rheem Tankless Natural Gas Water Heater Outdoor UsageBUY NOW
FOGATTI Natural Gas Tankless Water HeaterLarge Families & CampersBUY NOW
Takagi Natural Gas Tankless Water HeaterSmall Restaurant & Beauty SalonBUY NOW

1. Rheem 18kW Tankless Electric Water Heater

Rheem 18kW Tankless Electric Water Heater
Rheem 18kW Tankless Electric Water Heater

With the Rheem 18kW Tankless Electric Water Heater, you can take advantage of the comfort and convenience of continuous hot water on demand. 

This point-of-use electric model is perfect for a single faucet or shower, while our whole-home gas and electric models are appropriate for houses with busy families, homes with luxurious bathrooms, and vacation homes.

Rheem electric tankless hot water heaters are a wonderful alternative to conventional tanked electric water heaters because they deliver continuous hot water on demand. 

Specifications

  • Brand: Rheem
  • Capacity: 18 Kilowatts
  • Power Source: Corded Electric
  • Item Dimensions (LxWxH): 18.5 x 14.5 x 3.5 inches
  • Color: Gray
  • Wattage: 18000 watts
  • Voltage: 240 Volts
  • Material: Stainless Steel

Customer Reviews: 4.4 out of 5 stars (1,199 ratings)

Key Features

  • Integrated with external digital thermostatic control with LED display 
  • Designed with the most advanced self-modulation technology and easily adjustable power to meet hot water demand
  • Provides two field-serviceable copper heating elements. The maximum flow rate of 4.4 GPM
  • It has bottom 3/4 inch NPT water connections with simple installation
  • Digital temperature display, threaded for easy replacement, and simple installation

Pros

  • Save energy and money
  • Not require venting  
  • Water and space-saving 
  • Ensure optimized operation 

Cons

  • It might not be supported by two showers and two sinks at the same time.

BUY NOW  

2. Ecosmart Electric Tankless Water Heater

Ecosmart Electric Tankless Water Heater
Ecosmart Electric Tankless Water Heater

The EcoSmart ECO 27 is a 27 kW tankless electric water heater that is best suited for modest whole-home applications with cooler input water temperatures as well as bigger residences in warm climates.

Every EcoSmart tankless electric water heater provides limitless hot water while saving you time, money, and space. It also enables you to use less water and energy overall. 

The self-modulating, patented tankless water heating technology from EcoSmart can be utilized in a wide range of applications globally, including residences of any size, commercial buildings like offices or restaurants, and even recreational vehicles.

Specifications

  • Brand: EcoSmart
  • Capacity: 3 Gallons
  • Power Source: AC
  • Item Dimensions (LxWxH): 3.75 x 17 x 17 inches
  • Color: White
  • Wattage: 27 KW

Customer Reviews: 4.5 out of 5 stars (4,616 ratings)

Key Features

  • It provides unlimited on-demand hot water and never-ending hot water when you need. Efficiency and consistency are assured to the selected temperature plus or minus one degree.
  • This tankless water heater helps to continuously monitor water temperature and control flow rates.
  • EcoSmart tankless electric water heaters can be mounted on a wall or at the point of use, and they are 90% smaller than conventional tank heaters. 17 x 17 x 3.75 inches in size
  • Almost 99% thermal energy efficient EcoSmart tankless electric water heaters only heat water when it is needed, as opposed to tank heaters that keep the water at a constant temperature even when, not in use. The Department of Energy claims that you can reduce your water heating expenses by up to 50%.
  • Included with the sizing guide to choose the right option. Requires 3×40 AMP Double Pole Breakers, a 27-kilowatt tankless electric water heater that is perfect for providing hot water for whole-home applications. Depending on the temperature of the incoming water, it can create 2.7 to 6.5 gallons of water every minute.
  • Limited lifetime warranty on the exchanger, element, and electronics
  • Three 40 Amp Double Pole Breakers are needed as breakers.
  • 200 Amps is the recommended electrical panel.
  • Up to 12 cubic feet of storage space can be saved.
  • Users have full control over hot water due to digital temperature control with 1-degree increments.

Pros

  • Save space 
  • Ensure consistency 
  • ETL listing 
  • UL-499 certification

Cons

  • Technical issues 
  • Not suitable for residential homes 

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3. Bosch Thermotechnology Water Heater

Bosch Thermotechnology Water Heater
Bosch Thermotechnology Water Heater

The Bosch US4-2R Tronic 3000 Electric Tankless Water Heater will upgrade your domestic or commercial water heating system. This 4.5 kW under-sink tankless water heater is made to give one or more sinks an infinite supply of hot water that is available right away. 

This electric water heater can be mounted in a 360-degree configuration, allowing for versatile and worry-free positioning even in small under-counter locations. 

Also, this brand offers the 40-gallon electric water heater which is extremely small, and the light unit that has a 98% thermal efficiency rating, resulting in a low standby loss. 

Additionally, for your convenience, it doesn’t need a temperature or pressure release valve. When mounted in a prominent location, the roundagon Bosch DNA design offers a contemporary appearance that naturally merges in with the existing decor and is made of sturdy materials.

Specifications

  • Brand: Bosch Thermotechnology
  • Power Source: Corded Electric
  • Item Dimensions (LxWxH): 12.8 x 6.6 x 2.9 inches
  • Color: White
  • Voltage: 240 Volts
  • Material: Copper

Customer Reviews: 3.6 out of 5 stars (149 ratings)

Key Features

  • New low activation flow rate: Use with more recent, low-flow faucets is now possible thanks to a new lower activation flow rate of only 0.4 GPM.
  • Electric water heater without tank: 4.5 kW under-sink tankless water heater intended to serve one or more sinks with an unending supply of hot water at all times.
  • Flexible installation: The device can be positioned in small under-counter locations for a flexible, worry-free setup because it can be installed in a 360-degree orientation. This item will be hard-wired because of the amperage needed.
  • Design: Ultra-compact and lightweight construction that is 98% efficient, does not lose heat while on standby, and does not need a temperature or pressure release valve.
  • Perfect size: Its dimensions of 6.6″ x 12.8″ x 2.9″ make it ideal for light commercial settings including malls, stadiums, airports, and workplaces.

Pros

  • Energy efficient 
  • Temperature controlling system 
  • Ultra-compact and lightweight 

Cons

  • Sometimes you may face a lack of constant hot water flow

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4. Stiebel Eltron Tankless Water Heater

Stiebel Eltron Tankless Water Heater
Stiebel Eltron Tankless Water Heater

When compared to traditional electric tank water heaters, the Stiebel Eltron Tempra 20 Trend Tankless Water Heater typically uses 15% to 20% less energy. 

Although, depending on individual home usage habits, it is feasible to save a significant amount more energy. Conventional tank water heaters constantly store hot water, which results in a loss of 15% to 20% of the total energy utilized by the environment. 

This tankless water heater doesn’t require venting and doesn’t hold onto hot water until you need it. When you need continuous, limitless hot water, they work on demand.

Specifications

  • Brand: Stiebel Eltron
  • Power Source: Hard Wiring Required
  • Item Dimensions (LxWxH): 4.63 x 16.63 x 14.5 inches
  • Color: White
  • Voltage: 240 Volts
  • Material: Copper

Customer Reviews: 4.6 out of 5 stars (1,466 ratings) 

Key Features

  • Hot showers will never again be interrupted due to continuous flow. Enjoy unlimited, continuous, on-demand hot water whenever you need it without wasting any energy when it’s not necessary.
  • Space and energy saving: Its compact, white design requires no venting while still providing limitless hot water for the entire home. The eco-friendly device uses auto-modulation to conserve energy.
  • Quiet operation: The hot water heater is activated by a single electronic switch and is silent while in use. While the inside solid copper heating system performs all the power work, the digital temperature display is simple to read.
  • The best electric tankless water heaters from Stiebel Eltron perform to the highest levels of comfort and dependability and come with warranties. With every purchase, we include our 7-Year Leakage and 3-Year Parts Warranties.
  • Minimum recommended electric service of 125 A, and output water temperature range of 68° to 140°F.

Pros

  • Constant energy savings 
  • Silent operation 
  • Small and compact design 

Cons

  • Not suitable for a large family 
  • May not be suitable for older homes

BUY NOW

5. Rheem 240V Tankless Water Heater

Rheem 240V Tankless Water Heater
Rheem 240V Tankless Water Heater

With the Rheem 249V tankless electric water heater, you can take advantage of the comfort and convenience of continuous hot water on demand. 

While this point-of-use electric tankless water heater is perfect for a single faucet or shower, this whole-home tankless water heater will be a wonderful choice for homes with busy families, homes with luxurious bathrooms, and vacation homes. 

Rheem offers a wide choice of alternatives, whether you’re wanting to supply hot water to your entire home, a single site, expansions, garages, outbuildings, or even RVs. So, it will be an ideal electric tankless water heater for hard water according to your requirements.

Specifications

  • Brand: Rheem
  • Power Source: Battery Powered
  • Item Dimensions (LxWxH): 12.63 x 8.25 x 3.63 inches
  • Color: Gray
  • Wattage: 13 KW
  • Voltage: 240 Volts

Customer Reviews: 4.4 out of 5 stars (1,013 ratings)

Key Features

  • Externally programmable digital thermostat with LED display
  • Provides two field-serviceable copper heating elements. Ensure self-modulating power controlling 
  • Simple installation: side 1/2 inch and 1/2 NPT adapters are available. Water connections for compression
  • External controls to change the temperature in 1°f steps. 1.5 GPM Water-Saver Shower Head
  • Digital temperature display, threaded for easy replacement, and simple installation 54 A. 13kW Model Flow Rate: 3.17 GPM Maximum 

Pros

  • Energy efficiency of 99.8%
  • Temperature controlling system 
  • Easy to install  

Cons

  • Need a professional to install 

BUY NOW

6. Rinnai Propane Tankless Water Heater

Rinnai Propane Tankless Water Heater
Rinnai Propane Tankless Water Heater

The Rinnai Propane Tankless Water Heater is made to be incredibly small and only takes up the area of a small suitcase. It allows you to recapture some of your home’s most important space.

Moreover, the V65E exterior-mount tankless water heater from Rinnai effectively provides up to 6.6 GPM of hot water, making it ideal for homes with one to two and a half bathrooms. It is one of the best water heaters for bathrooms

So, the high-efficiency non-condensing outdoor tankless water heater models from Rinnai provide your home with cutting-edge technology that is comfortable and affordable.

Specifications

  • Brand: Rinnai
  • Capacity: 6.5 Gallons
  • Power Source: Gas Powered
  • Item Dimensions (LxWxH): 13 x 30.51 x 17.32 inches
  • Voltage: ‎110 Volts
  • Item Weight: ‎47.4 Pounds
  • Style: Propane, Outdoor Installation
  • Color: White

Customer Reviews: 4.5 out of 5 stars (2,375 ratings)

Key Features

  • Original Design: To save energy, tankless hot water heaters only heat when necessary; Check out our new RE160eP model for the most recent in non-condensing technology and a cleaner layout that expedites service and installation.
  • The Rinnai 6.5 GPM non-condensing tankless hot water heater is no bigger than a compact suitcase and fits in a range of places (5 fixtures at once)
  • Smart, Durable Design: Improved scale detection aids in avoiding serious, long-lasting unit damage; includes a heat exchanger, labor, and parts guarantee of 15 years, 5 years, and 1 year, respectively. 
  • Recommended Professional Installation: To find a certified installer for your tankless water heater, go to the Find a Rinnai PRO page on their website. 
  • Locate Your Rinnai To find the best tankless water heater for your home, check out their product guides, manuals, energy guide, warranty information, videos, and tables

Pros

  • Super high efficiency 
  • Space saving 
  • Durability

Cons

  • They do not advise installing a water heater without a technician’s assistance. 
  • For WiFi control, see the Control module (not included)

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7. Rinnai Tankless Natural Gas Water Heater

Rinnai Tankless Natural Gas Water Heater
Rinnai Tankless Natural Gas Water Heater

The Rinnai Tankless Natural Gas Water Heater offers the most cutting-edge technology with SENSEI. You will get the ultra high-efficiency plus condensing indoor tankless water heater models from Rinnai. 

This RU199iN compact tankless water heater has a longer lifespan since water flows continually via pipes, unlike tank heaters that collect rusty particles. 

You can enjoy on-demand recirculation technology with an external pump for a quicker and more effective hot water supply straight from the faucet.

Specifications

  • Brand: Rinnai
  • Capacity: 11 Gallons
  • Power Source: Gas Powered
  • Item Dimensions (LxWxH): 22.05 x 14.76 x 33.86 inches
  • Color: Silver/Grey
  • Voltage: 120 Volts
  • Style: ‎Natural Gas, Indoor Installation

Customer Reviews: 4.6 out of 5 stars (550 ratings)

Key Features

  • Unlimited hot water: Take advantage of limitless hot water flow throughout the home. It is portable, strong, and simple to install
  • Space and energy efficiency: Energy is saved by the space-saving design because it only warms when necessary.
  • Water pressure should be as high as 11 GPM for a forceful, continuous stream.
  • Quick heating: Circ-Logic-equipped devices can be paired with external pumps to speed up the delivery of hot water through scheduled or on-demand recirculation.
  • Guaranteed to last: 15 years for the heat exchanger, 5 years for the labor, and 1 year for the parts, respectively.

Pros

  • WiFi monitoring

Cons

  • Required professional installation 

BUY NOW

8. Rheem Tankless Natural Gas Water Heater

Rheem Tankless Natural Gas Water Heater
Rheem Tankless Natural Gas Water Heater

A high-efficiency condensing outdoor natural gas tankless water heater for continuous hot water is the Rheem Tankless Natural Gas Water Heater.

Ventilation is not necessary because this device is designed for outdoor use. Depending on the temperature of the input, it can be utilized with up to five bathrooms.

Hot water is delivered even in low-demand scenarios thanks to industry-leading low-flow activation with a minimum flow rate of.26GPM and a minimum activation flow rate of.40GPM. 

The SCAQMD rule’s standards for safety and low emissions are met by ultra-low NOx burners. While others’ units can reach deadly temperatures, ours can’t because of our patented Guardian Overheat Film Wrap. 

Specifications

  • Brand: Rheem
  • Capacity: 9.5 Gallons
  • Power Source: Gas Powered
  • Item Dimensions (LxWxH): 27.5 x 9.75 x 28.5 inches
  • Color: Gray
  • Voltage: 120 Volts
  • Style: Industry, Outdoor

Customer Reviews: 4.1 out of 5 stars (12 ratings)

Key Features

  • Enjoy Constant Hot Water: Rheem tankless gas water heaters deliver constant hot water, ensuring that you’ll never run out even when taking several back-to-back showers.
  • Reduces Energy Consumption: All Rheem tankless gas models adapt the energy needed to heat the water you need automatically. This modified technique boosts effectiveness while using less power.
  • Improves Air Quality: Rheem uses technology that reduces emissions to improve air quality. In all 50 states, every model satisfies or surpasses strict government standards.
  • Easy, Convenient Control: The tankless remote electronic thermostat from Rheem enables simple control of the water temperature in two-degree increments between 85 and 140 degrees Fahrenheit. 
  • This tankless water heater can be turned ON or off by only touching the power button. Additionally, anytime service or maintenance is required, thorough diagnostics are digitally shown.
  • No Venting Is Necessary: Tankless models that are outdoors vented to the outside air.

Pros

  • Save water, energy, and money
  • Ensure continuous hot water 
  • Reduce energy consumption   

Cons

  • Comparative slower to generate and deliver hot water 

BUY NOW

9. FOGATTI Natural Gas Tankless Water Heater

FOGATTI Natural Gas Tankless Water Heater
FOGATTI Natural Gas Tankless Water Heater

You don’t have to wait for preheating and have unlimited access to hot water thanks to the FOGATTI Natural Gas Tankless Water Heater

The integrated microcomputer system will increase the fan’s speed when the flue is clogged or the smoke is obstructed, which will stop the production of dangerous gases. 

The microcomputer system will also give the cease-gas and cease-fire instructions once the speed reaches the predetermined maximum speed in order to properly protect safety.

Specifications

  • Brand: FOGATTI
  • Capacity: 6.3 Gallons
  • Power Source: Natural Gas
  • Item Dimensions (LxWxH): 26.2 x 17.1 x 7.3 inches
  • Color: White
  • Voltage: 120 Volts (AC)
  • Style: Natural Gas, White

Customer Reviews: 4.0 out of 5 stars (267 ratings) 

Key Features

  • Integrated with micro flame combustion technology 
  • Built-in filter screening system 
  • Smart controlling system with LED touchscreen 
  • They advise that all unit installations be carried out by licensed professionals and in accordance with the local building and plumbing codes of the installation area.
  • You don’t have to wait for preheating and have unlimited access to hot water thanks to the tankless design.
  • High heating capacity of 145,000 BTU and 6.3 GPM at most. It can serve the needs of the entire family and is ideal for 1-2 outlet points. High energy conversion rates can significantly minimize energy loss when UEF is > 0.82.
  • Available for both the US and Canada. Utilizing the most cutting-edge technology available 
  • A bottom-mounted forced exhaust fan that is built-in ensures stable combustion and takes the impact of wind into account.
  • In addition to a free 30-day replacement policy, FOGATTI offers a 5-year heat exchanger warranty and a 2-year warranty on all other parts. The labor mentioned above adds to the 31-day cost.

Pros

  • CSA certification ensures excellent quality
  • Better durability 
  • Simple installation 
  • Compact design 

Cons

  • Not suitable for DIY installation
  • Required professional assistance to install 

BUY NOW

10. Takagi Natural Gas Tankless Water Heater

Takagi Natural Gas Tankless Water Heater

Small restaurants and beauty salons are two examples of commercial and domestic applications that the Takagi Natural Gas Tankless Water Heater is perfectly suited. 

Also, it complies with the requirements for ultra-low NOx. The heat exchanger tubing on the T-H3 is made of commercial-grade copper alloy, making it appropriate for use in heavy home applications like space heating or domestic recirculation systems. 

Moreover, the T-H3 can provide enough hot water for four bathrooms in warm areas or three bathtubs in colder climates with gas inputs of 199,000 BTU.

Specifications

  • Brand: TAKAGI
  • Capacity: 10 Gallons
  • Power Source: Gas-Powered
  • Item Dimensions (LxWxH): 11.25 x 17.75 x 24.88 inches
  • Color: White
  • Voltage: 120 Volts
  • Style: ‎Indoor

Customer Reviews: 4.1 out of 5 stars (180 ratings)

Key Features

  • Unlimited hot water, on-demand use, portability, efficiency, and energy conservation
  • Digital safety features, There is no need to worry about a pilot light.
  • Safety precautions include overheating, surge protection, freezing, and resolving diagnostic codes.
  • Meets the requirements of SCAQMD Rule 1146.2 for Ultra-Low NOx Emissions as of 2012.
  • Compared to stainless steel, the primary heat exchanger uses a commercial-grade copper alloy to transmit heat 25 times more effectively. Standard features include integrated controls and a power cord.

Pros

  • Environment-friendly 
  • 82% – 95% energy efficient
  • Surge protection system  

Cons

  • Sometimes you may face technical issues 
  • Sometimes troubleshooting diagnostic codes may not work

BUY NOW

How Much Does Tankless Water Heating Cost?

In both residential houses and business buildings, water heaters are an essential component of the plumbing systems. Due to their numerous advantages, consumers are switching to tankless units. 

Tankless water heater installation costs roughly between $2,500 to $4,500 nationwide. Installing a tankless whole-house gas type with a 150,000 BTU capacity costs the typical homeowner $2,811. A 240v electric tankless model installed at a single location has a low cost of $1,058 for this project. Installing an 80-gallon whole-house solar system will cost you $6,698.

Tankless Water Heater Costs

Low-end$1,058
High-end$6,698
Average Range$2,500-$4,500
National Average Cost$2,811

Tankless Water Heater Installation Cost

Depending on the brand of the heater, as well as its features and capabilities, the cost of installing a tankless water heater might vary significantly. 

For instance, the average cost of propane tankless heaters and solar-powered heaters is more than that of an ordinary electric heater. 

Although labor and material costs might vary greatly depending on where you live, it can also have a significant impact on the cost.

Fuel Type Average Unit Cost 
Electric $450 – $1,500
Natural Gas$500 – $2,000
Oil$600 – $3,000
Propane$500 – $2,000
Solar$1,000 – $4,000

Tankless Water Heater Maintenance

Tankless heaters don’t need as much maintenance or spare components as a conventional tank water heater. 

It’s crucial to routinely clean or replaces the water filter, clean the air filter (for gas systems), descale the system, and flush it to extend the performance and lifespan of your tankless water heater.

Cleaning or Replacing Water Filter

A water line filter is a common feature of tankless water heaters and guards against silt, scale, and hard water. There are several different kinds of filters; some can be cleaned and reused, while others must be changed. 

These impurities not only have the potential to accumulate and harm the water heater but also to spread throughout the rest of your plumbing system, including pipes, faucets, and appliances.   

To make sure you’re servicing your system correctly, see the user handbook for your tankless water heater. You can add a water filter to your tankless water heater if it doesn’t already have one to enhance the water’s quality and safeguard your plumbing.

Flushing the System

At least once a year, the hot water heater needs to be flushed. Minerals build up inside the water heater throughout the course of the year. This may accumulate more quickly if your water source is hard. Mineral buildups can harm your unit’s heat exchanger. 

Moreover, the tank’s efficiency could degrade, which would result in a rise in your monthly energy costs. Your tankless hot water heater’s lifespan can be significantly shortened if you don’t flush it. Unfortunately, your guarantee does not extend to harm brought on by mineral buildup.

Cleaning Air Filter

Your tankless water heater has an air filter that needs to be cleaned on a regular basis. Clean this filter by removing it from the water heater.

The next step is to clean it with a soapy water solution using a gentle brush. To guarantee optimal airflow, be sure to properly clean it. Rinse thoroughly, and after it has dried fully, place it back in the water heater.

Need to Clean the Water Tank

To make sure that no dust or other debris accumulates on the tank’s outside, it is a good idea to clean it down. 

Before doing this, turn off the water and electrical supplies. Clean the tank and the area surrounding it. Dust and other material can accumulate inside the water heater, which could lead to problems.

What are the most reliable tankless water heater brands? 

Before buying a water heater, do extensive research on it. A few well-known tankless water heater manufacturers have reliable goods on the market right now. Start your search off right by using this list.

  • Rheem
  • Ecosmart 
  • Bosch 
  • Stiebel Eltron
  • Rinnai
  • FOGATTI
  • Takagi 
  • Noritz

Tankless Water Heater vs Tank Water Heater

Tank-style and tankless water heaters are the two primary types of water heaters that are available. To heat water and provide the hot water your family needs for numerous activities around your home, each works in its own unique way. 

However, it may be confusing which one will be perfect for you. So, let’s explore it. 

Tank Water Heater

Since tank storage water heaters have been around for a while and are a common option in homes, they are the type of water heater that homeowners are most likely to be familiar with. 

Although this older technology has been the norm in homes for decades, you may also hear this type of water heater referred to as a conventional or classic tank water heater.

Storage water heaters are tank-style heaters that heat water and then store it for later use. These water heaters are available in a variety of capacities, with tanks that typically hold 30 to 50 gallons. 

Moreover, your household’s size and hot water usage will determine the size you need. Tank water heaters can be electric types or ones that run on natural gas. 

For instance, a 40-gallon hot water tank is not small equipment, so installing tank water heaters requires considerable floor space. These water heaters are frequently put in basements, garages, utility rooms, or even right in your bathroom.

Tankless Water Heater

An energy-efficient replacement for tank water heaters and related issues with standby heat loss is the more recent invention of tankless water heaters. 

Since they don’t need a tank to store heated water, as you would have surmised from their name. Where does the hot water originate? Since they don’t pre-heat and store water in reserve, tankless water heaters operate differently from tank water heating systems. 

They only heat water when it is actually needed by your hot water faucet and appliances. The tankless water heater heats water at the desired temperature and delivers hot water to the desired outlet as soon as a hot water tap activates, signaling the need for hot water.

Even though they heat water as it is needed rather than preheating it for storage, tankless water heaters are often referred to as on-demand water heaters. Tankless water heaters need electricity or natural gas to operate, just as tank types.

Thus, you have definitely realized that it will be a wise decision to go for a tankless water heater for your living space.   

What Are The Different Types Of Tankless Water Heaters?

Tankless water heaters come in three types: Non-condensing, Condensing, and Hybrid.

Non-condensing

Heat exchangers are used by non-condensing tankless water heaters to warm the water. A hot exhaust is produced as a result, and it must be vented outside the house. 

Budgeting for non-condensing units can be more challenging because they require an expensive vent to be constructed.

Condensing

Heat exchangers are numerous in condensing water heaters. They are made to collect the first heat exchanger’s exhaust and use it to warm the water even further. 

Condensing tankless water heaters are therefore more effective than their non-condensing competitors.

Hybrid

All other tankless water heaters are not the same as hybrid models. Since they have a small tank but consume a lot less energy than conventional tank-style water heaters, they are known as hybrids. Hybrids transfer heat from the ambient air to the tank.

They are not suitable for everyone, despite being even more efficient than conventional non-condensing and condensing tankless water heaters. 

Even more expensive to buy than conventional tankless heaters, these ones can be. Additionally, for them to work, the area around the water heater must be open.

According to the US Department of Energy

“You may save around 24% to 34% energy by installing tankless water heaters rather than conventional tank water heaters. The longer tankless water heaters are in use, the more money homeowners will save (assuming they are powered by gas). On the other hand, electric tankless water heaters continue to save homeowners about $44 annually.” 

!!!OUR RECOMMENDATION!!!

Pick the Best Tankless Water Heater & Get the Most Energy-Efficient Solution

You have already observed the 10 best tankless water heaters with the details. Now, it is very obvious to think which type of tankless water heater would be best between the electric or gas model. 

As you can see, the best option for your house will depend on your particular demands for water heating. The amount of GPM and temperature rise you require, your spending limit, and whether you prefer gas or electric models are all items to take into account. 

In light of this, the aforementioned reviews and buyer’s guide can assist you in selecting the top tankless water heater. If you look at Google Trends, you can easily observe the demand and interest in the tankless water heaters we reviewed.

Electric Tankless Water Heaters 

Tankless Gas Water Heaters 

If we were to offer just one whole-house model to satisfy your household’s water needs, we would advise investing in the Ecosmart Electric Tankless Water Heater

Ecosmart Electric Tankless Water Heater

BEST FOR VERSATILE USAGE

Ecosmart Electric Tankless Water Heater
Ecosmart Electric Tankless Water Heater

BUY NOW

Concluding Words!

One of the best moves you can make for your home is to upgrade from a conventional water heater to a high-efficiency tankless water heater. You will not only start saving energy right away by as much as 60% but you’ll also get constant, on-demand hot water.

A tankless water heater with the best reviews also has a lifespan of about 20 years, compared to a maximum of approximately 15 years for an electric tank heater and 12 years for a gas tank heater.

So, it is the best time to pick the best tankless water heater and enjoy your winter with a warm and cozy vibe.

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