It still means power for air conditioning is ~free during the day when it's most needed, and you could pre-cool or pre-heat a bulk block with high heat capacity, then slowly use the heat/cold during the day.
You can charge the electric cars when there's an excess, so in particular all the extra load from electric car charging that some people were so worried about is no longer a concern.
If it gets cheap enough, you can overbuild capacity so that you have just enough power if it's a bit overcast, and way too much when there's sun (since solar cells can be safely "turned off" as far as I know, unlike conventional plants).
If we now get some process for capturing carbon from the air where electricity is the main cost (i.e. overbuilding capacity and using it only 20% of the time is affordable), we now have a place to put all the excess electricity during peak.