We have one of the "all-denka" electric plans, where we trade off cheap rates during solar hours for expensive rates during duck curve hours. By having the hot water only run during cheap hours, and having the aircon turned off/down during the expensive hours, we're paying less in energy for our all-electric house than we did in combined electric+gas in our 3x smaller apartment.
We pay approx (before fees, and the rates change slightly by season):
* 8 AM - 10 AM: 35 yen/kWh
* 10 AM - 4 PM: 13 yen/kWh
* 4 PM - 6 PM: 35 yen/kWh
* 6 PM - 8 AM: 19 yen/kWh
Our Mitsubishi has other nice features like it can recirculate the water in the bath through a heat exchanger after you already filled it and got in, so it will keep the water from cooling down to lukewarm, and you can even adjust the bath water temperature if you ended up with filling it with too warm or too cold water. Of course, there's also an app so you can start filling up the bathtub when you leave work for home so a hot bath is waiting for you. There's also an intercom to the kitchen "so mom can tell the kids to get out of the bath, dinner is ready".
edit: the wifi integration does have one actually useful feature: if we had solar panels, then it can use data from them to know when to run "for free", and it can use weather data to predict if it should wait for sun or not to run