Unless it was modified the toggle on the helm for the hot water opens the circuit at that point making any wiring from the toggle to the hot water tank completely dead. If plugged into the outlet under the sink, the toggle should kill the outlet. Generally the refer and electric stove are plugged into the outlets under the sink. I thought the hot water tank was wired directly to helm toggle.
If the Capac drops when plugging shore power in and with the main boat breaker off I would really suspect the dock supply as the problem.
Perhaps another boat around your dock has a bad shore cord?
Can you get a multimeter to test the dock outlet? Check for proper voltage in the proper holes. The hooked hole on the socket should be ground.
Stick a polarity tester on the dock supply too and see what that says.
Check the boat socket and both ends of shore cord for burn marks.
If enough voltage is present on the green ground wire the galvanic isolator may begin to buzz.
-karl
1986, 32' Sedan, twin 360ci, 275hp Chrysler's w/ K&N flame arrestors