Consider a batch heater (see link) and whether it would work for you.
I picked up the electric heater tank this year, been watching the sun to decide where to hook it up (I'm on the north slope of a hill, so none of my options are "ideal."). For reasons of easiest plumbing, I'll probably put it in the slightly less sunny of the two contender locations.
My penciling says it would be effective for all my hot water for showers / dishes / etc April thru mid-October for me, and would pay for itself in one summer. Probably could tweak a couple more months out of it on either side.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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