The cost of solar panels is plummeting, and this will flood the power grid with cheap electricity. But that’s just Act 1. We won’t stop building solar at the limits of the grid - we’ll build a lot more.
This post explains why we'll keep building more,
Already happening in Northern California. PG&E (Pacific Gas & Electric), which is a FOR-PROFIT utility, reduced the price it pays individuals for selling extra power to the grid. The reason cited was there is too much power being sold at the wrong time of day.
Take a look at California ISO to see real-time graphs of electricity generation and usage.
Solar is currently generating about 50% of total electricity. A percentage of that is going to batteries.