Many consumers could see their water bills double or even triple, as
the country attempts to overhaul its aging water system over the next 25
years.
A new study by the American Water Works Association found that repairing and expanding the U.S. drinking water system
between 2011 and 2035 will cost at least $1 trillion, an amount that
will largely be paid for by jacking up household water bills.
"The amounts will vary depending on community size and geographic region, but in some communities these infrastructure costs alone could triple the size of a typical family's water bills," the report said. (CNN's Building Up America)
Currently,
the average household water bill is about $335 per year, according to
the non-profit, which focuses on drinking water quality and supply.
Small, rural communities are likely to be hit the hardest because there are fewer people to share the expenses of infrastructure projects. Families in these areas are likely to see their bills jump between $300 and $550 per year due to infrastructure repairs and expansion costs.
And that doesn't even include added costs of other big projects that may come up like replacing pipes to meet new regulations.
Home repairs: Which jobs come first?
While
it's a lot of extra money to pay, delaying the investment could lead to
poor water service, pipe breakage and an increase in costly emergency
repairs which would lead to higher costs in the long-run, the report
states.
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