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Why is the Stiebel Eltron Electronic Tankless Water Heater so economical?

April 26, 2017electronic Eltron Stiebel tankless water heater

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Why is the Stiebel Eltron Electronic Tankless Water Heater so economical?

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A conventional tank-type water heater must keep 40-60 gallons of water heated to between 120-160 F. 24 hours a day, 7 days a week, 365 days a year. Now compare that to how many minutes a day you actually turn on a hot water tap, shower, clothes- or dishwasher, etc. The Stiebel Eltron Tankless Water Heater only consumes electricity when you use hot water.