If you are a savings-savvy homeowner and looking for a way to save on your electricity bill or perhaps wanting to go off-the-grid, then you should consider a tankless water heater. Besides saving money on your electricity bill, another great benefit of it includes taking up less space in your home.
However, even if you have decided that you are ready to switch to a tankless water heater, finding the best one can be a challenge. For many consumers, knowing the difference between all the available models and knowing which is the best tankless water heater for you and your family requires a lot of research and can be a frustrating process. That’s why we have selected the top 8 tankless water heaters of 2020 for you after testing the hundreds of best models from the renowned brands.
| Name | |
|---|---|
| Takagi T-KJr2-IN-NG Tankless Water Heater | |
| Rheem RTG-64XLP Tankless Water Heater | |
| Rinnai RUC98iN Tankless Water Heater | |
| Bosch Electric Tankless Water Heater | |
| Takagi T-H3-DV-N Tankless Water Heater | |
| EcoSmart ECO 11 Electric Tankless Water Heater (Editor's Recommendation) | |
| Camplux 5L 1.32 GPM Tankless Water Heater | |
| Eccotemp i12-NG Tankless Water Heater |
Tankless Water Heaters Under $500
These water heaters provide the low flow rate (GPM) which means only one or two taps will get the warm water supply instantly. In case, you live in the area where temperature drops to the freezing point or you go out of power frequently then these tankless water heaters are not suitable for you.
Usually, electric tankless water heater models come in this price range with few shortcomings like dedicated wiring and circuit breaker (that adds few bucks to the installation cost). In case you only need the limited warm water supply, you should pick your water heater from this price range.
Tankless Water Heaters Between $500 And $1000
In this price range, you can buy electric or gas powered model depending on your needs, like if you live in an area where gas charges are comparatively more than the electricity charges, you should consider the electric model or vice versa.
These water heaters are equipped with every essential features that come handy for getting the trouble-free warm water supply. In these units, usually operational cost reduces due to the high-end parts and better build quality.
Tankless Water Heaters Above $1000
You can get most powerful and efficient tankless water heaters in this price range. These water heaters are quite perfect to handle multiple bathrooms’ needs easily.
Usually, gas powered tankless water heaters come in this range which are designed to fulfill the whole house warm water needs and are equipped with condensing function, copper heating elements, freeze protection up to 30 degrees Fahrenheit and overheat safety which no doubt justifies the hefty price tag.
Whole House Tankless Water Heaters
People who want warm water supply in the bathroom, hot tub and home heating system simultaneously should consider the whole house tankless water heaters as these water heaters are capable of supplying large amount of hot water to meet the high needs of warm water.
These water heaters are the expensive units and the installation of these high supply water heaters is a bit complicated which results in high installation cost.
High-efficiency Tankless Water Heaters
These water heaters are famous due to less energy consumptions as these heaters use 10 to 50 percent less energy than the traditional water heaters.
So, those who don’t want to bear the high operational cost of water heaters and don’t want to compromise on build material and advance heating technology should consider this type of tankless water heaters.
Electric Tankless Water Heaters
Unlike gas powered tankless water heaters, electric tankless water heaters’ installation is quite cheap, require no maintenance and can be installed anywhere you want.
Usually, these water heaters last for more than 5 years due to the high build quality and can be operated by the remote control as well. So, the people who are looking for budget-friendly yet fully functional tankless water heater to meet their warm water needs should consider the electric tankless water heater.
Gas Powered Tankless Water Heaters
If you are looking for the tankless water heater that can serve you for a long 20 years, then you should choose gas powered tankless water heater. Although, the initial installation cost of these water heaters is bit high but once the installation is done, you will notice the significant difference in the utility bill.
These water heaters serve even if the electric power is shut off because their power source is natural gas or propane tank.
Indoor Tankless Water Heaters
If you are living in an area where the temperature drops below freezing point, you should consider the indoor tankless water heater models because these water heaters are installed indoor so these heaters don’t face the harsh weather issues.
The outdoor tankless water heaters are only recommended for the existing house owners as the outdoor tankless water heaters do not require you to make changes to your house for venting and other plumbing adjustments.
