The information I found shows the heat trap between the top of the cylinder and the rising part of the open vent.
As I had no room directly above the tank I have put the U section rather lower than ideal as can be seen in the picture. The bottom part of the U is out of sight.
I know this is an old thread but I found it as I had the same problem. Despite the water being very hot one day by the following
morning there was no heat at all. We have a solar PV system that heats the water via the immersion heater when there is excess electrical power available.
So all...