Hi,
It does not matter what temperature you set it on it will still pull more then 20 amps. You will need to have a 30 amp. breaker and run 10 gauge wire to run a 4500 watt electric hot water heater. When it is on it always will pull the same amount of current no matter what the temp. of the water is or the thermostat setting...
http://www.fixya.com/support/r4422595-electric_water_heater_wiring_diagram
heatman101
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