According to a University of California, Berkeley study power outages account for roughly $80 billion annually in total losses to communities across the U.S. Based on that calculation, the Electric Power Board (EPB) of Chattanooga estimates that community losses in its service area are roughly $105 million annually. However, due to its SmartGrid Chattanooga has achieved outage reductions of 60%, saving the community $50 million or more each year in lost productivity, lost product, and lost sales.
Facts & Quotes
A Department of Energy (DOE) smart grid demonstration project in Olympic Peninsula, Washington found that consumers save 10 percent on their utility bills.
Smart appliances costing $600 million can provide as much reserve capacity to the grid as power plants worth $6 billion.
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.