$1 trillion needed to repair old pipes in U.S.
This is according to a new survey published today by Circle of Blue, the network of journalists and researchers that reports on water and worldwide resource issues.
Circle of Blue's annual water rates survey, including data visualizations from Qlik, tracks prices for 30 major U.S. cities. At a time of increasing stress, utilities are trying to balance widespread conservation with earning enough revenue to reinvest and rebuild aging systems.
Leaky pipes waste trillions of gallons per year. Droughts and floods inflict deep financial wounds. Lead contamination in Flint and countless other cities is revealing the risks to public health and economic well-being because of outdated infrastructure that delivers and treats the nation's water supplies.
Water industry groups estimate that up to $1 trillion is needed over the next two decades just to repair old pipes nationwide. ■