Written by: Gene Fitzgerald // Expert Fact-Checking: Buddhini Dolapihilla, MBSS // Last Updated: Jan 31, 2024
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Unlike a traditional storage-type system, a tankless water heater does not store any hot water. Instead, the heating is instantaneous which provides for greater energy efficiency (up to 30%) due to the complete absence of standby losses.
Only paying for hot water that you’re using will save you money in the long run – and that’s not all. You also get an endless supply of hot water. And a tankless water heater requires very little space.
Advantages that electric tankless water heaters have over gas-powered units are: They are cheaper to purchase & install, they operate more efficiently, they last longer, and you don’t need to worry about venting.
But how do you find the best electric tankless water heater? Well, picking a suitable unit requires some research. But don’t worry, we’ve got you covered!
Water Heater | Details | |
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Best Whole House Electric Tankless Water Heater: Tempra 24 Plus |
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Price: $$$ Voltage: 240 Temp: 86-140 °F Power: 2x 12 kW Electrical Service: 2x 50 A Breakers Read Review: Click |
Whole House Alternative: EcoSmart ECO 18 |
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Price: $$$ Voltage: 240 Temp: 80-140 °F Power: 2x 9 kW Electrical Service: 2x 40 A Breakers Read Review: Click |
Best Electric Tankless Water Heater for Point of Use: Rheem RTEX-13 |
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Price: $$ Voltage: 240 Temp: 80-140 °F Power: 2x 6.5 kW Electrical Service: 1x 60 A Breaker Read Review: Click |
Point-of-Use Alternative: EcoSmart ECO 11 |
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Price: $ Voltage: 240 Temp: 80-140 °F Power: 2x 5.5 kW Electrical Service: 1x 60 A Breaker Read Review: Click |
Best for 120V: Stiebel Eltron DHC 3-1 |
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Price: $ Voltage: 110/120 Temp: ? Power: 1x 3 kW Electrical Service: 1x 25 A Breaker Read Review: Click |
Our Top Picks
In our opinion, the best whole house electric tankless water heater in 2024 is the Stiebel Eltron Tempra 24 Plus (apartments and light commercial applications work, too).
Stiebel Eltron’s Tempra Plus electric tankless water heater series, and the Tempra 24 Plus in particular, do exactly what they are supposed to do: Deliver continuous hot water whenever you need it. Excellent performance and high flow meet the demand of all hot water applications of an entire household. Definitely our number one! 4.5 stars!
Tempra 24 Plus |
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Price: | $$$ |
Voltage: | 240 |
Temp. Range: | 86-140 °F |
Power: | 2x 12 kW |
Electrical Service: | 2x 50 A Breakers |
Our Rating
|
Pros
Cons
Best for
The Stiebel Eltron Tempra is best for people who want a POE heater that’s highly efficient and thus energy-saving, reliable, and fast.
Just like the Stiebel Eltron Tempra reviewed above, the EcoSmart ECO is available in a variety of sizes to meet your water demand. The main difference between the two water heater series, however, is that the latter is far more affordable.
ECO 18, ECO 24, ECO 27, and ECO 36 is what the manufacturer recommends for larger apartments, condominiums, or townhomes. They combine consistently hot water with great energy savings. 4 stars!
EcoSmart ECO 18 |
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Price: | $$$ |
Voltage: | 240 |
Temp. Range: | 80-140 °F |
Power: | 2x 9 kW |
Electrical Service: | 2x 40 A Breakers |
Our Rating
|
Pros
Cons
Best for
The EcoSmart ECO 18 is our second best pick for a whole house tankless electric water heater.
In our opinion, the best electric tankless water heater for point-of-use applications in 2024 is the Rheem RTEX-13.
Not an entire household, but a single bathroom or kitchen faucet, or a weekend cabin is what the RTEX-13 tankless heater was designed for. It’s highly efficient, super space saving (fits literally anywhere), and stylish. All in all, a unit that provides great value – 5 stars!
Rheem RTEX-13 |
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Price: | $$ |
Voltage: | 240 |
Temp. Range: | 80-140 °F |
Power: | 2x 6.5 kW |
Electrical Service: | 1x 60 A Breaker |
Our Rating
|
Pros
Cons
Best for
The RTEX-13 is best for people looking for a compact and efficient electric tankless water heater designed for a single outlet.
As an alternative to the Rheem RTEX-13, we like to recommend the EcoSmart ECO 11. It’s a tad more affordable, has a compact design, and is user-friendly. At the same time, it’s a little less well received. 4.5 stars for this unit!
EcoSmart ECO 11 |
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Price: | $ |
Voltage: | 240 |
Temp. Range: | 80-140 °F |
Power: | 2x 5.5 kW |
Electrical Service: | 1x 60 A Breaker |
Our Rating
|
Pros
Cons
Best for
The ECO 11 is our second best pick of POU instant water heaters.
Are you looking for something for smaller budgets? How about the ECOTOUCH? It’s for low-flow applications – think small faucet. We mention this because some people complained that they did not get very hot water in their shower which is not the system’s fault. All in all, solid performance and highly affordable. 4 stars!
ECOTOUCH |
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Price: | $ |
Voltage: | 240 |
Temp. Range: | 130 (131) °F |
Power: | 1x 5.5 kW |
Electrical Service: | 1x 30 A Breaker |
Our Rating
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Pros
Cons
Best for
The ECOTOUCH is best for people on a very tight budget.
Wait, Rheem RTEX-18? This sounds pretty familiar…
You are right! This is the larger version of the RTEX-13 from before. So it comes with all the same features such as self-modulation technology for energy savings and an intuitive control panel (read more above). One of the best electric tankless water heaters out there. 4 stars!
Rheem RTEX-18 |
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Price: | $$$ |
Voltage: | 240 |
Temp. Range: | 80-140 °F |
Power: | 2x 9 kW |
Electrical Service: | 2x 40 A Breakers |
Our Rating
|
Pros
Cons
Best for
The RTEX-18 by Rheem is best for people who want a whole house system that’s easy to use, energy-saving, and safe.
Last in our electric tankless water heater reviews series: The Stiebel Eltron DHC 3-1, a 120 low-volt system perfect for small spaces. Compared to other units on the market, the DHC 3-1 is reasonably priced and works exactly as advertised. 4 stars!
Stiebel Eltron DHC 3-1 |
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Price: | $ |
Voltage: | 110/120 |
Temp. Range: | ? |
Power: | 1x 3 kW |
Electrical Service: | 1x 25 A Breaker |
Our Rating
|
Pros
Cons
Best for
This Stiebel Eltron is best for low-volt applications (110/120 V).
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Heating Systems | Price | Voltage | Water Temperature (F°) | Wattage | El. Service | Additional Info |
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Tempra 24 Plus Residential Tankless Water Heater | $$$ | 240 | 86-140 | 2x 12 kW | 2x 50 A | |
ECO 18 Residential Tankless Water Heater by EcoSmart | $$$ | 240 | 80-140 | 2x 9 kW | 2x 40 A | |
RTEX-13 Tankless Heater by Rheem | $$ | 240 | 80-140 | 2x 6.5 kW | 1x 60 A | |
ECO 11 Water Heating System by EcoSmart | $ | 240 | 80-140 | 2x 5.5 kW | 1x 60 A | |
ECOTOUCH | $ | 240 | 130 (131) | 1x 5.5 kW | 1x 30 A | |
RTEX-18 Residential Tankless Water Heater by Rheem | $$$ | 240 | 80-140 | 2x 9 kW | 2x 40 A | |
Stiebel Eltron DHC 3-1 | $ | 110/120 | ? | 1x 3 kW | 1x 25 A |
The following are key features worth considering when shopping for an electric tankless water heater. They will help you choose the right on for your needs and budget.
Choosing a whole house tankless electric water heater always starts with sizing:
Your ideal system size depends on how many people live in your home, their water using habits, and also how many bathrooms and hot-water appliances – e.g. dishwasher and washing machine – you have.
Simply put, small, medium, or large depends on how much hot water your household needs at times of peak consumption. If you go too small you might have saved some space but the amount of hot water will be limited, so you either have to use less or it won’t be as warm. On the other hand, going too large means overspending.
Another very important factor when sizing electric tankless water heaters is where you live in the country which translates to incoming water temperature. If you live in a colder climate the temperature rise that’s needed is naturally higher.
The southern states have warmer input water. But when it is winter and you’re in the north, you might not be able to run two hot showers without experiencing a drop in hot water pressure or lower water temperature.
So as a general rule, the farther north you live, the larger a home water heating system you need.
What about energy efficiency? Well, it turns out that this plays a minor role with electric tankless water heaters. That’s because they’re all highly energy efficient (at least 95 percent).
For more information you can refer to a system’s Energy Factor (EF). It rates its energy conversion efficiency. Products rated at a higher factor means they are more energy-efficient so that less energy is wasted.
Some people pay attention to this, some don’t. We consider the design of a unit a secondary factor, although a quality design can provide value in itself.
One needs enough storage space to accommodate a tankless water heater in his or her household. Heaters feeding a single outlet fit almost anywhere, in a bathroom cabinet for example. POE models are not for super tight spaces.
You want a water heater that’s easy to use.
Most importantly, it should allow you to adjust output water temperature by turning a knob or pressing a button.
The average DIYer might say that installing an electric tankless water heater is simple. However, if you don’t know what you’re doing you should definitely not try to do this yourself just to save a few bucks. It’s simply too dangerous and not worth the risk.
As a matter of fact, with some manufacturers their water heaters must be installed by licensed contractors or else the warranty voids.
Another thing to bear in mind is that not every home is suited for a POE unit, simply because the amp draw would be too high. This could mean that your old electrical service panel needs bigger wires and bigger breakers, or you need to run a completely new one entailing a couple of thousand dollars worth of electrical work.
Tankless water heaters last much longer than regular storage tank heaters – with proper maintenance. 15 to 25 years can be reasonable if you make sure to delime regularly. Deliming means to remove possible scale residues that stick to the (copper/stainless steel) heating elements when they are used to heat hard water.
Another option would be to install a water softener upstream of the water heater.
It’s always nice to have a lifetime product warranty for peace of mind.
More on Electric Tankless Water Heaters
First of all, whether you call them tankless, on-demand, instant, or instantaneous electric water heaters, they all describe the same thing: Water is heated only when needed.
How does an electric tankless water heater work? They activate when they sense flow in the water line they’re installed at, for example when you open your kitchen faucet. Electricity flows through one or more heating elements which are in contact with the water. The water heats up and leaves the system all nice and warm.
Not storing any hot water means no standby losses which provides for greater energy efficiency. Plus, you can never run out of hot water.
By the way, we can categorize water heaters into whole house systems that provide an entire home and those designed for a single point of use.
As mentioned above, we can differentiate between POU and POE tankless water heaters.
POU electric tankless water heaters supply a single outlet with hot water, for example a bathroom faucet. They are small and fit almost anywhere such as a bathroom cabinet.
Whole house water heaters heat the water of an entire household. Therefore, POE models are not for super tight spaces.
Another thing to bear in mind is that not every home is suited for such a system, simply because the amp draw would be too high. This could mean that your old electrical service panel would need bigger wires and bigger breakers, or you’d have to run a completely new one entailing a couple of thousand dollars worth of electrical work.
Tank water heaters heat the water and store it for later use. A tankless water heater is a demand-based system. Instantaneous heating provides for much higher energy efficiency due to the complete absence of standby losses.
If you do your research you’ll find that electric tankless heaters usually have an energy factor of 95 percent or higher. This means that at least 95% of all input energy is translated into heat. It doesn’t get any better than that!
If a traditional heater’s water tank runs out of hot water, you run out of hot water. With a tankless system, you get and endless supply of hot water.
What we mean by flexible installation is that tankless electric water heaters are relatively small and fit in tight spaces.
Electric systems don’t require venting.
Tankless or not, electric hot water heaters are cheaper than gas-powered units in terms of initial cost and installation expenses.
Above that, you’ll save money by only paying for hot water that you actually use.
Another advantage of electric over natural gas tankless water heater: Longer lifespan. The same goes for tankless vs. tank water heater.
Questions? Ask away!
Information provided on BOS is for educational purposes only. The products and services we review may not be right for your individual circumstances.
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