Feb 29, 2012

More bad news: U.S. water bills to triple | Washington Examiner

Washington Examiner - A shocking new report about the nation's crumbling drinking water system says that Americans should expect their bills to double or triple to cover repairs just to keep their faucets pouring. That means adding up to $900 a year more for water, nearly equal the amount of the newly extended payroll tax cut.

Fixing and expanding underground drinking water systems will cost over $1 trillion in the next 25 years and users will get socked with the bill, according to the American Water Works Association.

As with most infrastructure investments, spending heavily now means less costs down the road. But with little appetite in the country for even trickling taxes now, a delayed and more expensive fix is almost guaranteed. The association figures that spending to fix leaky water systems will double from roughly $13 billion a year today to $30 billion annually by 2040.

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