page 42 Next steps for California stakeholders Utilities Regulators Investors Policy Makers VGI can lower distribution-level peak demand. This study found more than a 25% reduction for residential customers in 2045, controlling distribution costs and mitigating rate increases that would occur without VGI. To unlock VGI savings, it must be fully incorporated into resource and distribution planning. Regulators can shape early deployment and evaluation efforts essential for achieving deployment at scale. The long-run value of V2G comes from displacing reliability resources, not shifting solar production daily. Successful early investments will build VGI products that tie together software, program structure, and hardware that can enable vehicles to provide reliability for the distribution and bulk system. VGI is vital for the long-term success of California’s energy policy by controlling costs. Early investments in the technology through expanded pilots, additional incentives, and R&D will pay dividends for California ratepayers.