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Deal.ai › Rheem › Water Heaters
Rheem
Rheem Performance 40 Gal Medium 3800-Watt Double Element Electric Water Heater

Rheem Performance 40 Gal Medium 3800-Watt Double Element Electric Water Heater

Best price now

$469.00at The Home DepotChecked 13 h ago

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Price facts

  • Lowest price today: $469.00 at The Home Depot (checked Nov 14, 2026).

Our take on the Rheem Performance 40 Gal Medium 3800-Watt Double Element Electric Water Heater

The Rheem Performance 40 Gal is a double-element electric water heater with two 3,800-watt elements and a 40-gallon tank. It is a medium-height unit built to drop into the same space as an existing heater, which makes it a common choice for replacing an aging tank rather than a first-time install. The 40-gallon size suits households of two to four people. Against rivals it is a plain, proven tank: no heat-pump efficiency, no smart controls, just a six-year warranty and standard electric hookups.

Best forReplacing an old 40-gallon electric tankHouseholds of 2 to 4 peopleBasements and utility closets with medium-height clearanceBuyers who want a simple, no-frills electric heater
Pros
  • Double 3,800-watt elements heat recovery faster than a single-element tank
  • 40-gallon tank fits households of two to four
  • Medium height profile eases replacement in tight spaces
  • Six-year warranty
  • Standard electric hookup, no gas line or venting needed
Cons
  • Standard tank efficiency, not a heat-pump model
  • No smart controls or leak detection
  • Tank units take up floor space and need a drain pan nearby
  • Restricted in some demand-response states

Rheem Performance 40 Gal Medium 3800-Watt Double Element Electric Water Heater prices at every store

  • The Home DepotNew

    In stock

    $469.00Free shippingChecked 13 h ago
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Store links may earn us a commission. Price via Klarna.

Rheem Performance 40 Gal Medium 3800-Watt Double Element Electric Water Heater price history

Lowest price we've seen: $469.00 on Nov 14 at The Home Depot. Tracked across 1 store since Nov 14.

From The Home Depot

  • 40-gallon tank provides hot water for households with 2-4 people
  • Designed for easy replacement of your existing water heater
  • 3800-watt double element electric water heater
  • Medium height profile
  • 6-year warranty
  • Restricted in Demand Response States: see below before purchasing
Sizing
Medium height profile; check the restricted Demand Response States notice before purchasing.
Guarantee
6-year warranty
Shipping
Free delivery; ship to store available

About the Rheem Performance 40 Gal Medium 3800-Watt Double Element Electric Water Heater

This Rheem Performance electric water heater has a 40-gallon tank. It provides hot water for households of 2 to 4 people. It uses two heating elements rated at 3800 watts.

It has a medium height profile and is designed for easy replacement of an existing water heater. It is restricted in Demand Response States, so check that notice before buying.

Brand
Rheem
Type
Electric water heater
Capacity
40 gallons
Power
3800 watts
Elements
Double element
Height profile
Medium
Household size
2-4 people
Mounting
Yes
Warranty
6 years
Restrictions
Restricted in Demand Response States

Specifications

Mounting
YesSource
Type
Water HeaterSource

Questions and answers

How many people does a 40-gallon electric heater serve?
Rheem rates this tank for households of two to four people. Larger families or homes with heavy simultaneous hot-water use may want a bigger tank or faster recovery.
What does double element mean?
It has two 3,800-watt elements rather than one. That gives faster recovery after hot water is drawn, so the tank reheats sooner between showers and laundry.
Is it a heat-pump water heater?
No. It is a standard resistance electric tank, so it uses more energy than a heat-pump model but installs with a simple 240-volt circuit and no condensate drain.
Can it replace my old water heater directly?
It is designed as an easy replacement for an existing electric heater, and the medium height profile helps it fit the same space. Check your old unit's height, diameter and connections before buying.
What is the warranty?
Rheem backs it with a six-year warranty. Keep your install receipt, since coverage usually runs from the installation date.
Is it available everywhere?
Rheem notes it is restricted in some demand-response states, so check local rules before ordering.
Where is the Rheem Performance 40 Gal Medium 3800-Watt Double Element Electric Water Heater cheapest?
At The Home Depot, for $469.00, as of our latest check.

Stores we've priced the Rheem Performance 40 Gal Medium 3800-Watt Double Element Electric Water Heater at

  • The Home Depot deals and prices

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