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Originally Posted by tinapbeana
don't know about turning water heaters on & off, but i do know i will be switching to an 'on demand' water heater in the near future. all the benefits of turning one's water heater off (you're not paying to keep 30 gal of water hot all the time), without the bother of remembering to turn it on & off! plus they're so small, they can fit in a wall cabinate, or sometimes behind an access panel in the wall (like your electical panel does).
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I think I saw that on something like This Old House or Ask This Old House. Looks pretty slick, I"m sure it costs plenty too!