Your home is a "battery" as you can run the temperature of your hot water heater higher when electricity is cheaper, and let it "coast" when electricity is more expensive. You still have hot water on demand.
The same goes for the refrigerator, heating system and the cooling system. This can be made even more effective by increasing the thermal mass of the house, for example, with a pile of rocks. Pretty cheap for a battery, don't you think?
And, of course, there's charging your car when electricity is cheaper.
At last, we actually have a use for the Internet-of-things - an internet device on your hotwater heater to query the current price of electricity.
Pretty darned cheap for a grid battery.