Update: Amazon has dropped the price to a new all-time low of $118.08 shipped $107.47 shipped.

Amazon is offering the MAREY Power Pak 12kW Electric Tankless Water Heater for $120.83 shipped. Down from its $230 price tag, it saw regular discounts every one to two months throughout 2023, with the largest of them taking costs down to $138 in October. Since the new year began, deals on this unit have slowed, with one last month seeing a drop to $130. Today’s deal comes in as a 47% markdown off the going rate that gives you $109 in savings and lands at a new all-time low. This 220V tankless water heater is an ideal solution for those needing an affordable device more tailored for apartments and smaller homes, like a cabin or tiny house – or even as a point of use in commercial and industrial applications. It provides a maximum of 2 points of use and up to 2.2 GPM at 35-degrees Fahrenheit temperature rise. It features a backlit LCD display for easy temperature selection, with a simple installation and electrical connection process. It is not recommended for elevations above 2,000 feet.