Green Touch Builders | Panel at UNC: Utility rates going way of phone plans?
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Panel at UNC: Utility rates going way of phone plans?

The chief executives of Duke Energy Corp. (NYSE:DUK) and Southern Co. (NYSE:SO) talked Friday about changing technologies and energy-industry trends. But they also championed the need for pricing innovation in the sale of electricity.

Speaking on “Adapting to a Changing Power Industry” at the N.C. CleanTech Summit at UNC Chapel Hill’s Friday Center for Continuing Education, Southern CEO Tom Fanning said the utility rate system is outmoded and does not meet customers needs.

“It would probably be…