Hi Justin,
Glad someone else actually understands what I'm on about - clearly not everyone does or even understands the remotest concept of not wasting the resources we have...
I'd opt for battery storage if it wasn't so expensive. When it comes to immersion heaters I loath them. They seem to me to be a daft way of heating lots of water that we'll never use. As I have said previously, clothes washing happens in a washing machine, dishes in a dishwasher. The amount of hot water we will use in a day isn't likely to be more than 30 litres on a "bad" day. The smallest type of tank is normally 4 times that size!!
No, the water heating is an experiment, I'll grant you, but I believe that the concept is sound. When it comes to export quantity, I am hoping to have a Smart Meter if I can get one, so the typical estimate of 50% for the export tariff shouldn't apply.
Our budget isn't endless and I have tried to only spec the tech that actually works with a cost-benefit analysis - which is why, even though we are in the most expensive area of the U.K. for water, we are not having rainwater reclamation for use in the house. The numbers are just not worth it - nowhere near.
Cheers