A frictionless, pressure balanced proportioning valve assembly, for low power electric operated thermostatic cartridge, composed of a housing with spaced apart hot and cold water inlets and intermediate mixed water outlet, flow communicated to a spool bore with a central widened portion; a spool, guided in the spool bore, by widened end portions, is carrying a central widened disk portion, separating the spool bore into two tubular inlet chambers; two diaphragm seals disposed at both ends of the spool and housing, pressure balancing the inlet chambers; a temperature sensor, exposed to the mixed water outlet pathway, generates a signal, readable by a control circuit; a drive unit energized by a low power electric motor, driving past gear train and eccentric shaft, a bendable connecting rod, axially displacing the spool. Axial displacement of the balanced friction-free spool, proportions flow from the hot and cold water inlets to the mixed water outlet.