Question: When I bought my baseboard heaters, thermostats and 220V breakers I was advised to get 12/3 wire. When I attempted to install the heaters I found that the thermostats, heaters, and even breakers have connections for only 2 wires. I have since read that 12/3 is only necessary for wiring something like a dryer that uses both 220V and 110V over the same wire. My question now is, should I get 12/2 instead of 12/3 to wire these heaters?

Answer: 
You should use 12/2 if the 240v appliance requires two hot plus ground. If you can't find 12/2 wire that has black/red/ground... you can use the more common wire that has black/white/ground where both black and white are hot. If doing this you MUST identify the white wire as hot at the appliance (or outlet if used) and at the panel. I always use colored heat shrink tubing because electrical tape almost always falls off after many years and is not reliable. Also make sure that you're using a proper 2-pole breaker at your electrical panel and if using an outlet, use the correct type to match the circuit's amp rating.

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I like the idea of using 12-2 with ground, and marking the white wire red. But, my inspector said it is not allowed to mark white to red for small wires. I don't recall the cut-off AWG.