Amazon is now offering the EcoSmart 3.5kW Electric Tankless Water Heater for $132.02 shipped. Listed for $199 and averaging more around $190 for most of 2024, this device has seen significantly lower and less frequent discounts than we’ve seen in previous years, though the few price cuts that have appeared have offered sizeable relief from the long periods of higher rates, down to $130 at most. It’s gone as low as $105 in the past, specifically five years ago, but today’s 31% markdown comes in as one of the best we’ve seen in the time since, landing it down at the second-lowest price of the last four years and the third-lowest price overall – just $27 above the all-time low from 2019.