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East Central wisconsin | Lots of variables. But I would think that it would be easy for you to just try it. Since you already have it. Just shut it off for the day and see if you have enough hot water for the day.
There is a office building near here. That the air conditioners "chillers" only run at night, using time of day savings. They have large tanks in the basement that they cool down at night. Then use the chilled water to cool the building throughout the day. Works for them. Good luck.
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