I have the Shelly 1 connected this way:
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After researching, I realize this is probably wrong, and I think I need to connect it this way:
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Thermostat is removed because I really don't need it. The R/W circuit is what switches the heater on, and the C wire provides a return route for the 24 V DC power.
That said, I don't know if this would cause the original issue I was seeing, since the power is connected the same way in both diagrams.