“California Legislature Considering New Rules Mandating EV Bidirectional Charging Capabilities”:

Knowing something about how Commie governments work I’d guess something like this will happen.

You charge the battery in your EV (is it still correct to refer to it as ‘Your’ EV and battery?) at 40 cents per kilowatt.
An Power Emergency occurs and the mandated reverse charging begins. At the same time those homes drawing power from the grid are paying ‘Peak Load’ pricing from their ‘Smart Power Meter’ and are paying 50 cents per kilowatt.
When you charged your EV it was overnight at ‘Off Peak’ prices. The Peoples Power Utility is drawing the power from your EV, what is the credit that you will receive in return?

A. 40 cents, what you paid (See “C”)
B. 50 cents. (What! Are you a Capitalist money grubber trying to profit off the backs of the People?)
C. Zero cents. (Sorry, you are not a registered utility so cannot legally sell power in the People’s State)

Any complaints must be filed with the State office located in the sub-basement of your local Party Center.