Its a pup bud, at least 1.5 years of craziness ahead. I would not use the E Collar to punish youthful exuberance. Get a crate, and EXERCISE the dog a lot. Work him in OB or sport if possible. Channel his energy and enthusiasm dont crush it. IMO if you raise him this way there is a good chance you will ruine his confidence and self esteem, leading to a shy insecure nerve bag.
I have strict rules in the house which I enforce with my voice and hands, but the dog MUST have an outlet for his energy. When in the home just crate, its really the best thing for pups.
The E collar is best for Recall and OB once the dog already KNOWS what he is supposed to do and has been introduced to the collar properly. I use it on my 11 month old pup when we are off leash works like a charm.