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Rheem Home Comfort Wi-Fi Module for Electric Water Heaters . When a hot water fixture is opened, hot water flows out of the tank and through hot water lines in the home and the tank is refilled with cold water. Water heaters are one of those appliances that usually sit forgotten in a basement or utility room until something goes wrong. Or try a tankless gas water heater that will heat up water as needed and take up less space. Click here Electric Tankless Water Heaters, you will find all the brands Home Depot carries and their reviews.If you are installing yourself, you can also check out this link on How to Install an On-Demand Water Heater, there you will find a step by step explanation on how to do it. All models have a thermostat/gas control to set the desired temperature. Save Money with Efficient Water Heaters from Sears . Lindsay Listanski Feb 15, 2017 SHARE. Only 10 left in stock - order soon. 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