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.
Facts & Quotes
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.
Among the 638 transmission outage events reported from 2014 to 2018, severe weather was cited as the predominant cause.
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 FHWA 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.
In the 1930's, 4.2 percent of America's gross national product was spent on infrastructure investment. But by 2016 the number fell to 1.5 percent.
In 2017, 1.7 billion passengers and 31.7 metric tons of cargo traveled through U.S. airports.
Passenger Facility Charges (PFCs) are imposed by states or units of local government that own or operate airports - they are not collected or spent by the federal government. PFCs fund local airport projects.
The locally-imposed user fee used by airports to partially fund airport infrastructure projects known as the Passenger Facility Charge (PFC) has not been adjusted since 2000 and as a result has lost 40% of its purchasing power.
Infrastructure projects at U.S. airports are funded primarily with federal grants through the FAA’s Airport Improvement Program, a local user fee called the Passenger Facility Charge (PFC), and airport-generated revenue from tenant rents and fees.