Verdict
The Best 5Aggregated review·17 sources·updated October 16, 2026·checked October 16, 2026

Best Tankless Water Heaters

Top tankless water heaters ranked by aggregate score from 17 published reviews across gas vs electric, GPM flow rate, efficiency, and value.

This guide aggregates 17 published reviews across 5 products; the thinnest-sourced pick rests on 1. How we rank.

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Quick answer

Rheem RTEX-18 Electric Tankless Water Heater is our top pick for tankless water heaters — an averaged 4.5/5 across 1 published review at about $427.9. Runner-up: EcoSmart ECO 27.

At a glance5 products ▾
1 source
$427.9Best for: small homes, apartments, additions or small buildings with modest hot-water demand and at least a 150A electrical panel
$427.9 · Check Price on Amazon
2 sourcesall derived
Best for: All-electric homes with a 200A panel that want whole-home tankless hot water and can live with element maintenance
Buy at homedepot.com
1 sourceall derived
$1,500Best for: Homes with gas service wanting a rugged, high-capacity condensing unit, including for recirculation.
$1,500 · Check Price on Amazon
1 sourceall derived
$852.76Best for: All-electric homes with modest simultaneous hot-water demand and the electrical capacity for a 36 kW heater
$852.76 · Check Price on Amazon
Unrated3 sources
Best for: Large households with gas service that need whole-home hot water for multiple bathrooms at once.
Buy at parksupplycompany.com

Derived means the reviewer published no score, so one was inferred from their written verdict. Everything else is a number the publisher printed. How we rank.

The full ranking

How we rank →
Rheem RTEX-18 Electric Tankless Water Heater
#1 · Top Pick
Best for: small homes, apartments, additions or small buildings with modest hot-water demand and at least a 150A electrical panel
Rheem RTEX-18 Electric Tankless Water Heater
1 source$427.9as of Oct 16
▾Why it's ranked here

The Rheem RTEX-18 is an 18 kW, 240V electric tankless heater that Bob Vila's Glenda Taylor installed in a small commercial building and rated 4.8 out of 5. It mounts flat on a wall at 13.9 by 17 by 3.6 inches and delivered hot water at the sink within a few seconds. It is a small-capacity unit that needs two 40A double-pole breakers and a 150A service panel, so it suits light demand rather than a house with several bathrooms.

Strengths
  • — Compact 13.9 x 17 x 3.6 inch wall-mounted body, per Bob Vila
  • — Hot water reached the faucet in a few seconds in Bob Vila's installation
Watch-outs
  • — Requires a 150A service panel and two 40A double-pole breakers
  • — Small capacity: Bob Vila advises a higher-capacity model for a large home with several bathrooms
EcoSmart ECO 27
#2
Best for: All-electric homes with a 200A panel that want whole-home tankless hot water and can live with element maintenance
EcoSmart ECO 27
2 sourcesall derived
▾Why it's ranked here

The EcoSmart ECO 27 is a 27 kW, 240V electric tankless heater that EcoSmart rates at a 113-amp draw on three dedicated 40A double-pole breakers, with digital temperature control in 1-degree steps from 80°F to 140°F. In a video review, TeslaMan, who installed one himself, found it kept a full house in hot water, but he had to upgrade his electrical service and replaced the heating elements three times in two years.

Strengths
  • — Kept a full house in hot water once running, in TeslaMan's video review
  • — Digital temperature control in 1-degree increments from 80°F to 140°F, per EcoSmart
Watch-outs
  • — Needs three 40A double-pole breakers and a recommended 200A panel, per EcoSmart; TeslaMan had to upgrade his service
  • — TeslaMan replaced the heating elements three times in two years
Takagi T-H3-DV-N
#3
Best for: Homes with gas service wanting a rugged, high-capacity condensing unit, including for recirculation.
Takagi T-H3-DV-N
1 sourceall derivedOne review so far, so ranked one place lower$1,500as of Jun 7
▾Why it's ranked here

The Takagi T-H3-DV-N is Bob Vila's best condensing gas pick: a 10 GPM, 199,000 BTU unit built around a commercial-grade copper-alloy heat exchanger that suits heavier residential use like recirculation or space heating. It's Ultra-Low NOx compliant, which matters in strict-emission states, and Bob Vila praised that it 'provides plenty of heating power for most households.' Its 0.93 UEF trails the Rinnai RU199iN slightly and it lacks the Rinnai's smart-app polish. As a rugged, high-capacity condensing gas heater, it's an excellent whole-home choice.

Strengths
  • — Condensing gas design delivering up to 10 GPM
  • — 199,000 BTU handles most whole-home demand
Watch-outs
  • — Requires gas service and condensing venting
Stiebel Eltron Tempra 36 Plus
#4
Best for: All-electric homes with modest simultaneous hot-water demand and the electrical capacity for a 36 kW heater
Stiebel Eltron Tempra 36 Plus
1 sourceall derived$852.76as of Oct 14
▾Why it's ranked here

The Stiebel Eltron Tempra 36 Plus is a 36 kW whole-house electric tankless heater with Advanced Flow Control, which Stiebel Eltron says slightly reduces flow when demand exceeds what the heater can handle so the temperature holds. In a video review after 10 months, Foray Fog found it cut his water-heating cost and gave his family of five unlimited hot water, but at about 3 GPM a bath plus a shower left the shower at a drizzle.

Strengths
  • — Cut Foray Fog's water-heating cost from about $61 to about $27 a month versus two 40-gallon electric tanks
  • — Unlimited hot water for his family of five when showers are staggered
Watch-outs
  • — Foray Fog sees about 3 GPM at most; a bath plus a shower drops the shower to a drizzle
  • — No app or Wi-Fi monitoring, which Foray Fog missed when tracking down a line-voltage problem
Rinnai RU199iN
#5
Best for: Large households with gas service that need whole-home hot water for multiple bathrooms at once.
Rinnai RU199iN
Unrated3 sources
▾Why it's ranked here

The Rinnai SENSEI RU199iN is an indoor natural-gas condensing tankless heater that Rinnai rates at 15,000 to 199,000 BTU, up to 11 GPM and a 0.95 Uniform Energy Factor. Rinnai lists it as recirculation capable, Wi-Fi capable and ENERGY STAR certified. No independent hands-on review of this exact model was found, so it is shown without a rating. It needs gas service and venting.

Strengths
  • — Rated up to 199,000 BTU and 11 GPM, per Rinnai
  • — 0.95 Uniform Energy Factor and ENERGY STAR certified, per Rinnai
Watch-outs
  • — Needs natural gas service and venting, so it is not an option for all-electric homes
  • — No independent hands-on review of this exact model was found
Reviews aggregated from
BobvilaReviewedThisoldhouseTeslamanEcosmartPexuniverse

Spec comparison

5 products
vs
SpecRheem RTEX-18 Electric Tankless Water HeaterEcoSmart ECO 27
Power18 kW27 kW
Dimensions13.9 x 17 x 3.6 inches17"W x 17"H
FuelElectricElectric
Flow Rate—2.7 - 6.5 GPM (climate-dependent)
Efficiency—99.8
BTU——
Type——
Installation——

Frequently asked questions

What's the top pick among tankless water heaters right now?
Rheem RTEX-18 Electric Tankless Water Heater is the top pick for tankless water heaters — 4.5/5 averaged from 1 published reviews. The Rheem RTEX-18 is an 18 kW, 240V electric tankless heater that Bob Vila's Glenda Taylor installed in a small commercial building and rated 4.8 out of 5. It mounts flat on a wall at 13.9 by 17 by 3.6 inches and delivered hot water at the sink within a few seconds. It is a small-capacity unit that needs two 40A double-pole breakers and a 150A service panel, so it suits light demand rather than a house with several bathrooms.
When was this guide last updated?
This guide was last re-checked in October 2026. Prices, links, and source ratings are re-verified on a rolling basis, and the ranking updates when the underlying scores change.

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