Eco-rate has analyzed various water heating technologies to help you choose the most cost-effective and efficient system. Hover over the rating icons below to see our rating criteria; visit our How We Rate page for more details. We recommend you consider your local climate before making a purchase and contact a certified professional before installing any water heater. Note: ratings are based on averages and estimates for 50 gallon (3 GPM for tankless), ENERGY STAR qualified models.