I don't know why. Mine is connected to 12V and should be 100W but only draws 4A at 12V which is closer to 50W. I may have a 24V device, but I am assuming they are the same elements but wired in series rather than parallel as mine. A very good device, but I have calculated that the heat dissipation compared to the losses is about 100W, therefore it cannot reach the desired temperature but approach it over time. but that means it works non-stop just to keep up. prefers a little freedom of action.
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