Smart appliances costing $600 million can provide as much reserve capacity to the grid as power plants worth $6 billion.
Facts & Quotes
The US intelligent transportation systems industry generates more than $48 billion in revenue for the US economy.
The U.S. Environmental Protection Agency estimates that approximately 4,000 to 5,000 miles of drinking water mains are replaced annually.
The United States loses approximately 6 billion gallons a day—enough water to supply the entire state of California.
A significant water line bursts on average every two minutes somewhere in the United States.
There are an estimated 240,000 water main breaks per year in the United States.
The average household water bill is about $335 per year.
There are approximately 155,000 public water systems in the United States.
Of the $384 billion needed to safeguard the nation’s drinking water, the most significant expense, $247.5 billion, should go to replacing aging pipes, many of which are 50 to 100 years old.
Capital investment needs for the nation’s wastewater and storm water systems are estimated to total $298 billion over the next twenty years.
America must invest $384 billion in drinking water systems over the next 17 years to maintain a safe supply for millions of Americans.
The U.S. Conference of Mayors estimates that we need to invest as much as $4.8 trillion in our nation’s water infrastructure over the next 20 years to maintain a state of good repair.