With no water in it there is no flow to trigger an ignition cycle, but it does chew up some standby power to no good end just idling there. Killing the power to it doesn't hurt, and precludes any bizarre condition that would make it dry-fire (like a lighting-hit scrambling the control logic in an optimally bad way, which is by definition rarer than being hit by lightning. :-) )
FWIW: Whenever I leave my place for more than a few days I kill the power to the tankless unless there sub-20F temperatures forecast (since my tankless is also my space-heating boiler.)





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