HOUSTON, Feb. 27, 2023 /PRNewswire/ — Essency, an innovative startup leading the water heating industry forward with advanced hot water solutions, has been named a finalist for the prestigious 2023 Edison Award for Innovation for its groundbreaking EXR water heater. The EXR is the first tank-type water heater that also operates like a tankless on-demand hot water system, delivering always fresh water taken from the municipal water supply, and run through an oversized heat exchanger where heat is transferred instantaneously, using the stored water in the tank as its heat/energy source.

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