Drain it into a bucket/drum & reuse later for other purposes like cleaning floors/cars, gardening, etc.
Voters:
Reuse it for bathing using 1 or 2 buckets for mixing with solar-heated water
Voters:
Use an Electrical storage Geyser installed near the tap
Voters:
Use an Electrical Instant Geyser installed near the tap
Voters:
Let it go waste into the drain
Voters:
Use a re-circulation system to pump the cold water back into the overhead tank
Voters: