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The inside of a hydraulically operated two-stage tankless heater, heated by single-phase electric power. But a tankless unit can last up to twice as long as a conventional storage type water heater, saving on replacement costs. Then say hello to the thermoflow elex 12 tankless water heater which is your solution explicitly designed for apartments. This is a tankless gas water heater from rheem, which has been installed in a basement. Water heater type & capacity: gas-powered tankless water heaters cost, on average, $600 more to install than those powered by electricity. For example, taking a shower and running the dishwasher at the same time can stretch a tankless water heater to its limit. This shows the comparison of a tankless (gas) verses a tank water heater. We found the product to be smart and fast heating technology allows you to get better from the product. Based on average cost to run an electric tank water heater per the department of energy (doe) average energy co...