The new generation of tankless water heaters make the traditional 50-gallon appliance look as antiquated as great-grandma's wood-fired cookstove.
The Rheem RTG-95 tankless water heater is two-thirds smaller than its old fashioned counterpart. It can provide adequate hot water for a three-bathroom home without the need to maintain 50 galls of water at 125 degrees 24 hours a day.
A digital display will give hours of entertainment for the appliance geeks in your home, and also allows for precise water temp settings.
Talk to your natural gas supplier about sending you free money for this unit. Some local utility companies provide rebates for installation of tankless water heaters.