Should water infrastructure funding needs and infrastructure investment trends continue, the current (2019) annual gap of $81 billion will grow to $136 billion by 2039.
Facts & Quotes
Total freight demand is expected to grow thirty five percent by 2040.
A mileage basd user fee - also known as a road user charge or a vehicle miles traveled fee - is a user fee that is based on the number of miles driven. The Fixing America's Surface Transportation (FAST) Act included $95 million in competitive grants for states to explore this concept.
The federal gas tax of 18.4 cents per gallon has not been increased since 1993 and has lost 65 percent of its purchasing power.
There are over 85 million smart meters deployed across America. Smart meters help to improve reliability and resiliency to electric consumers.
The cummulative investment gap for electricity - including for transmission and distribution - is estimated to be $208 billion between 2019 and 2029 and climbs to $338 billion by 2039.
As a result of aging infrastructure, severe weather events, and attacks and vandalism, in 2015 Americans experienced a reported 3,571 outages, with an average duration of 49 minutes.
Much of the U.S. energy system predates the turn of the 20th century. Most electric transmission and distribution lines were constructed in the 1950s and 1960s with a life expectancy of 50 years and the more than 640,000 miles of high-voltage transmission lines in the lower 48 states' power grids are at full capacity.
Drinking water across America is delivered via one million miles of pipes.
Consumers increasingly expect same-day deliveries which could become more difficult to achieve with rising traffic volumes. The Federal Highway Administration reports that 947,000 hours of vehicle delay can be attributed to delivery trucks double-parked in dense urban areas.
From 2000 to 2015, road infrastructure increased 5.2 percent while traffic volume increased by 14 percent.
U.S. public spending on infrastructure fell by 8 percent between 2003 and 2017.