Craftsman does not make water heaters. The tool company, owned by Sears Holding Company, makes hand tools, power tools, lawn and garden tools and tool storage solutions. Sears produces water heaters and other appliances under the Kenmore brand.
Sears has over 50 models of Kenmore water heaters in stock, ranging in sizes from 30 to 98 gallons. Kenmore energy options include natural gas, propane and electric, with all models having six- to 12-year warranties. The electric hybrid water heater combines the technologies of heat pumps and standard electric water heaters to generate an average annual cost savings of 60 percent.