Re:that's more like it (Score 5, Insightful)

I think the point was not that immersion heaters are inefficient in that way (i.e. in the true physical sense), but that because they cannot heat water quickly, they have to keep a large amount of water hot at all times in case it is needed. This is inefficient (not in physical sense) because the vast majority of the heat that is transferred to the water is lost to the atmosphere while the water sits around waiting to be used. Gas heaters, however, can heat water quickly (on demand), and thus no energy is being used to heat the water until it is required.