Electric hot water taps can be energy efficient, but it depends on how they’re used.
They are usually more efficient for small, frequent amounts of hot water because they heat water instantly at the point of use. This avoids the constant heat loss that happens with storage tanks, where water is kept hot all day. So if you only need a cup of tea, quick handwashing, or a small amount of cooking water, an electric hot water tap can save energy compared with boiling a kettle or heating a large tank.
However, they are not always the most efficient choice for heavier use. Since they heat water on demand, they draw a lot of power while operating. If many liters of hot water are needed regularly, the energy use can be significant. In those cases, a good kettle, an efficient boiler, or a heat-pump-based system may be more economical overall.
Efficiency also depends on the model. Better insulated units, thermostatic controls, and low-standby-loss designs use less electricity. Poorly designed or oversized systems can waste energy.
So, the short answer is: yes, electric hot water taps can be energy efficient, especially for small, frequent use and where avoiding standby losses matters. But they are not automatically the cheapest or greenest option in every home. The best choice depends on your hot water habits, electricity rates, and the efficiency of the specific unit.