Best Value Tankless Water Heater – 7 Cheap Tankless Water Heaters

In this article, we have reviewed the best value tankless water heater list after analyzing more than 25 tankless models. Our list is based on facts, practical data, and user reviews.

A tankless water heater doesn’t seem so remarkable from the outside, it is just like a simple box hanging on the wall but from the inside, it has marvelous features and engineering that makes it worth replacing the traditional tank-style water heater. Suppose you open a hot water faucet and there is plenty of hot water delivers within seconds without making you wait for hours.

You will see most of the energy saved by it without compromising efficiency. The life span of these tankless water heaters is beyond your expectations and installing them at your home is the smartest decision you can make.

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Best Value Tankless Water Heater

The best value tankless water heart is one that provides constant hot regardless of the outside temperature to at least 3 faucets and 2 showers. Its maintenance and installation and power consumption should cost low, and it should be budget-friendly.

After massive research, experiments and testing we have enlisted seven of the best affordable tankless water heaters for your home. The detailed features and efficiency of each of them are mentioned below so you can get the best value tankless water heater of your demand.

Things to consider before Purchasing the Best Value Tankless Water Heater

Before picking up a tankless water heater from the list here are some essential things to keep in mind:

With every best performing Steibel Eltron model, Tempra 24 plus has also some innovative features and highly effective performance.

Powerful 24kW Heater- Energy Efficient

The most popular for whole-house usage Steibel Eltron Tempra 24 Plus is the best and powerful Electric tankless water heater. You might want to learn how to install an electric heater as well.

It is an ideal choice with a 24kW heater for many regions including Canada and the Northern US where the temperature of water decreases up to 45 degrees Fahrenheit in winters. It also works efficiently in warmer southern regions.

This Eco-friendly unit saves energy perfectly. The auto-modulation and advance feature of the savings monitor displays the saved energy in reference to energy costs.

Microprocessor-controlled Temperature Regulation

Stiebel Eltron Tempra 24a features a digital temperature display and conveniently true microprocessor-controlled temperature regulation. It has a dial selector that allows finalizing and delivering the desired water temperature when needed.

Advanced Flow Rate Technology

The advanced and modernized flow control technology maintains the temperature of water for long-lasting comfort. The automatic feature allows reducing flow instantly when hot water demand crosses the limit of exceeding capacity.

Easy Installation & Operation

The small, sleek and compact design saves space and makes its installation easy by providing an endless amount of hot water without requiring any kind of venting.

There is no noise pollution in the unit.

The electronic switch of this tankless water heater activates the water heater with no noise at all. So you don’t need to worry about noises produced by most of the water heaters.

Some Important Details

Specifications

Note: It is highly recommended that a minimum of 150 AMP household electrical services is required for its installation. If you’re not sure about the electrical capacity of your home consult an electrician for further guide.

The compact in size Gasland BE158B portable tankless water heater is convenient with a number of features including anti-freezing protection, overheating protection, and flame failure device to ensure the safety of the whole home.

Energy & Money Saver

Gasland BE158B 1.58GPM 6L outdoor portable tankless water heater has structured with 11.5% energy-saving technology.

The exchanger and main burner of this unit have advance combustion technology that minimizes the consumption of gas and lowers the burning noise.

By installing this tankless water heater you can save a huge amount of money.

Compactness in Design

The compact size and lightweight design make this tankless water heater easy to carry. Whenever you need hot water it will never disappoint you. This unit can be used during camping, on the beach or even you can wash your pets with hot water outdoor.

The mounting bracket of it helps to hang it on the gas water heater. Only a few minutes will be required to install and fix it.

Highly Protective for Safety of Family

The anti-freezing protection, overheating protection, and flame failure device, all features have already been installed in gasland BE158B tankless water heater for the safety of your whole home. There is the facility to lower water pressure automatically almost in between 2.5-110PSI.

To prevent freezing of water in colder areas the anti-freezing drain plug helps to drain residual water. 

In case of unexpected flameout, the gas supply shuts off automatically.

Overheating protection saves from high water temperatures over 167 degrees Fahrenheit.

Maximum Power Output

The maximum power output of 41,000BTU/Hr helps to get hot water instantly without any shortage doesn’t matter wherever you are. There is no requirement for preheating before usage.
As soon you turn on the water tap, the water will flow out with your desired temperature. It supplies 1.58 gallons of hot water per minute. The heat and water flow are completely adjustable.

A number of Applications

This propane tankless water heater has a number of applications for different purposes. You can enjoy outdoor showers with an unending supply of water on a camping trip.

It provides water on demand, so you don’t need to wait for long to get water of your desired temperature. You can also give sunbath to your pets such as horses, and dogs.

Some Important Details/Tips

Note: This gas tankless water heater isn’t suitable in areas with altitudes exceeding 2000 feet and stormy or windy conditions.

Specifications

Camplux 2.64 GPM propane portable gas tankless water heater is ideal and efficient for outdoor camping and can also be mounted indoors easily.

Maximum Power Output

The Camplux propane gas tankless water heater provides 2.64 gallons of hot water instantly with a maximum power output of 68,000 BTU/Hr. It doesn’t matter where are, there will be an endless supply of hot water for you, you don’t even need to preheat the water with this best value tankless water heater.

Portable Design

You can easily carry it with you anywhere because of its compact design and weight that is about 23lbs. You can also hang it indoor/outdoor with the help of a mounting bracket on the gas tankless water heater. The whole process of installing process takes only 15 minutes.

CSA Safety Standard

Its automatic system allows decreasing water pressure in between 3.6 – 110PSI. The anti-freezing drain plug can drain residual water to prevent water from freezing in winters and areas with colder climates.

In case of exceeding water temperature more than 176 degrees Fahrenheit, the system will turn off automatically to avoid overheating.

So the safety standards of Camplux help to keep in check overheating, anti-freezing, and flame failure.

Efficient in Saving Energy

Camplux gas tankless water heater has advanced level technology for saving 11.5% of energy. To decrease the burning noise and gas consumption, the heat exchanger and burner are designed with advanced level combustion technology.

It saves energy and money efficiently when water is not in use preventing from freezing or overheating. The system will shut down itself.

Some Important Details

Note:  Check gas leakage or improper sealing to avoid any future hazards. Never twine Teflon tape between gas inlet pipe and gas regulator. The water heater can catch fire under such circumstances.

Use brass fittings for connection with torque force of 20-28Nm.

Specifications

Space & Energy Efficient

Compact design makes it perfectly fit in every space. Rinnai tankless water heater conserves energy by operating only when necessary without wasting energy.

Enhanced Scale Detection

This tankless water heater working on natural gas has an enhanced scale detection feature that minimizes any possible risk of unit damage for a long time. It helps to save you from getting into some serious issues.

Optional Control Technology

Just enjoy a constant stream of hot water with the 6.5 GPM of powerful flow rate. It keeps in check the optimal water pressure to make sure there is no overheating taking place. It comes with the most advanced technology with value and comfort.

Some Important Details

Rheem RTEX-18 electric tankless water heater offers a fast and continuous supply of hot water for single point-of-use as well as for multiple applications.

Water Flow

Rheem RTEX-18 has the ability to deliver 4.4 gallons of hot water per minute with an accurate flow and consistent temperature. It has an adjustable digital temperature display dial for On/Off control.

No Heat Loss

Storage tank water heaters come usually in large, bulky sizes. They store a large amount of water and heat it gradually taking a long period, results in wasting a large amount of heat and energy to escape without being used due to the time gap between water getting hot and when you use it.

This whole problem has only one solution. It is better to replace such tank water heaters and Rheem RTEX-18 is the best to replace such traditional water heaters.

Electricity and Space Saver

With 99.8% of energy efficiency, Rheem RTEX-18 water heater helps to save money on high electricity bills. Savings can vary according to each type of heater but as compared to tank heaters it is the best value for money. It has the feature of heat retention that allows it to use electricity only when hot water is needed in the first place.

Similarly, Rheem RTEX-18 is popular in different regions where apartments are of limited size. This can be put anywhere taking very small space inside a cabinet, closet, or anywhere you want.

Durability

The lifespan of these tankless water heaters is longer than any usual bulk water heater lasting approximately 10 years more than them. The corrosion-free feature is visible due to robust copper immersion heating elements with a brass top. Pipes can be cleaned and replaced quickly.

Ensures Safety

Safety matters a lot while dealing with these water heaters. The structural damage due to corrosion is not common in this tankless water heater.

Leakage does not usually occur but in case there are some leaks you can handle it by just shutting off the nearest valve.

Applications

This electric tankless water is viable for a number of applications. Starting from standard hand sink, dishwasher, washing machine, standard showerhead, water saver shower head, bathtub to the kitchen sink, Rheem RTEX-18 is an ideal choice for a home.

Get endless on-demand hot water with a controlled flow rate by ECO 11 electric tankless water heater. It is ideal for providing hot water for a small sink, bathroom, break-room, or another point of use application.

Hot Water On-demand

ECO 11 has the ability to warm water up to 140 degrees Fahrenheit and this heating system works under digital temperature control which allows changing temperature in 1-degree increment.

If the incoming water temperature is below 67 degrees Fahrenheit, its performance will be affected.

Easy installation & usage

For the installation purpose, only 60 AMP of power supply will be needed and everything will be stable by its automatic and resettable thermostat.

You can install it by yourself but the lifetime warranty clause will change in this case.

Saves Space, Energy, and Time Effectively

EcoSmart has the capability to enhance energy efficiency by up to 99%. The system will work only to heat water when needed without wasting energy.

Similarly, the compact design and size make it ideal for use at different places and can be placed in any smaller space area.

The point-of-use and on-demand ability will help to provide water without letting you wait for hours.

Note: ECO 11 isn’t efficient for commercial business, larger homes with more than 3 bathrooms, and in a cold-weather climate.

Titan N-120 has the ability to replace an entire conventional tank-style water heater in a highly affordable range without disturbing your comfort.

Ideal for Warmer Climates

Titan N-120 is highly recommended for areas with warmer climates. More importantly, if the underground water temperature is above 65 degrees Fahrenheit.

Temperature Control Consoles

Adjustable temperature control consoles are having a switch for adjusting the exact required temperature.

Compact & Small in Size

The compact design and smaller size make it perfect to fit in any place. You don’t need to evacuate a large amount of space that is mostly needed in the case of tank water heaters. So, it is going to be ideal & very cheap.

Endless Supply of Hot Water

Enjoy the fountain of hot water without any shortage with this electric tankless water heater. The continuous flow of hot water will reach up to all faucets in your home while keeping the temperature constant.

Things to Keep in Mind before Purchasing a Tankless Water Heater

Before picking up a tankless water heater from the list here are some essential things to keep in mind:

Choosing between Gas & Electric Water Heater: matters a lot because the water heater is going to run on one of these power sources. It involves the choice of picking gas or electric tankless water heater and this choice solely depends on the availability of a particular source of power that can either be propane & natural gas or electricity.

Mounting Position & Size: It is better to know or find out the perfect size for your water heater according to the space available at your home. The small-sized water heaters are preferably good and highly recommended because they can be mounted easily on the wall and can be placed indoor/outdoor without any kind of inconvenience.

Water Flow Rate: The flow rate depends on the number of fixtures/faucets running at your home and the right amount of water usage. Each fixture has its own specific GPM value and in order to find out the flow rate, you’ll need to add GPM for each fixture. Some mostly recommended Flow Rate (GPM) has mentioned below:

Temperature Rise Capability: The number of degrees water needed to be heated is usually referred to by temperature rise according to your desire. It depends on two major factors:

1. Local Water Supply
2. Preferred Output/Temperature

In warmer areas, the local water temperature is up to 77 degrees Fahrenheit while in the north USA it can be almost 35 degrees Fahrenheit.