2010 Review Of Tankless Water Heaters

Tankless water heaters have been used in Europe and Asia for 50 years, and they are gaining popularity in the US. Right now they represent about 8% of new sales in the US. Tankless heaters, also called on-demand, flash or instant water heaters, qualify for a $300 federal tax credit. How efficient are tankless water heaters?

Electric Tankless Water Heaters

Note: This post has been expanded and updated for 2009! Tankless water heaters only heat water when it is needed. About 8% to 30% of the energy consumed by a standard water heater goes to keeping the water hot while it’s not being used. New tankless systems heat the water instantly when you turn on the faucet, rather than keeping …