At that price of 37.4 cente per kWh and up I'm quite serious when I say that if I suddenly found myself owning a California house, I'd buy enough solar to meet my load needs, install a shitload of telecom grade 4000 cycle rated lifepo4 batteries (4.9kWh is about $1700 per module), charging setup, inverters etc and go off grid.
Maybe keep the grid link attached to a meter and 100A panel hooked up to nothing if needed for municipal compliance reasons.
That's pretty much what I'm doing, and for that reason.
I don't have a great explanation for why it isn't happening faster, but I predict a substantial exodus from the California grid. Especially so in places with gas bans or among folks who electrify of their own accord.
Maybe keep the grid link attached to a meter and 100A panel hooked up to nothing if needed for municipal compliance reasons.