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It is, yeah. The condition of the subsidy is that up to 60 times a year the electricity company can pull the power from our batteries to cover higher demand. When I said "at a societal level" I was more imagining solar farms and grid level storage though.
I find this seeming opposition (not from you or on this thread train) to installation of backup systems to be a bit befuddling. Battery backup systems, solar roofs/panels, &c. all effectively add excess capacity and resilience to our existing infrastructure. Aside from something like worrying about China's continued dominance in the space I don't really understand the hang up folks seem to have.

Plus in some sense the utilities are regulated by the government but they are private companies. If they're getting out-competed in the market by battery backup systems or other alternatives because of poor performance and high cost, fuck em' they can go out of business. We'll (free market democracies) figure it out.