Article: Virginia-Based Utility Says Record Pollution Settlement Wont Appear on Bills.(Knight Ridder/Tribune Business News)

Nov. 17--Dominion Virginia Power promises that a record air-pollution settlement with the federal government and the state of New York will not mean higher electricity prices for its customers.

The company has agreed to spend $1.2 billion on pollution-control equipment at its coal-fired power plants in Virginia and West Virginia during the next dozen years as part of a settlement with New York and the federal Environmental Protection Agency and Justice Department.

Additionally, Virginia Power will spend $13.9 million on unspecified environmental projects in Virginia, West Virginia and New York and pay a $5.3 million penalty to resolve issues with the EPA ...

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