Yup, absolutely. Places with high energy costs due to being geographically isolated / without a lot of local energy resources have always struck me as some of the best initial places for solar+battery.
https://windexchange.energy.gov/maps-data/321
https://www.statista.com/statistics/183531/renewables-in-the...
In Texas, with an open market for generators, profit is the primary driver of the generation mix. But the difference is electricity generators make more profit with lower cost generation methods, the exact opposite of regulated utilities.
Pro-profit is an irresistible force against most other forces
https://www.texasmonthly.com/news-politics/power-grid-adviso...
They'd likely be doing much better if not for that.