In the solar PV class I took earlier this year we were discussing solar hot water heating. The instructor, who is a strong supporter of solar, was waffling on the economics of solar hot water heaters because the price has gotten so high. I think he said that a system was around $7,500 but it might have been higher. NC has a MAXIMUM subsidy of $1,400 for solar water heaters. If I qualified for the maximum amount, and I was using $30 of power a month to heat water, it would take 16.9 years to get my money back on the system. I raised the question in class if would it be better to us PV to heat the water since panels are pretty danged cheap. $7K buys quite a bit of PV power.
An advantage of using PV to heat your water compared to a solar hot water heater is that you would just use whatever electric hot water heater you wanted to buy. If you had a few weeks of clouds like we just had, we would still have hot water since we would still be grid tied, and the hot water heater would not know or care if the power was from PV or the power company.
Like (removed) said, you can make a solar water heater out of lots of things, even scrap wood and pipe. Pretty hard to do things like that for PV. Your ROI is pretty darn quick if you build it out of mostly scrap or extra hoses/pipes you have laying around. You could even just hook up and throw some dark colored coiled up water hoses out in the sun to heat up the water in them - need more capacity, just add more hose. That might be a workable solution for a rarely used low draw low cost system (with some sort of anti-scald valve) like with the OP was looking for. Plus, it'll be the low on the "that looks worth stealing" scale (unlike an array of shiny new PV panels).
I still need to hook up some clocks to find out how much electricity is going through my water heater elements so I can figure out if its worthwhile for me.
Keith