What is the Value of Water?

Of all society’s resources, water is the most crucial to life. It’s the common thread that keeps our cities healthy and running and economies growing.

Across the US, communities rely on water pipes that average over 100 years old and over 156, 000 public water systems are nearing the end of their useful life.

Hiding in between our buildings and houses, our water infrastructure is aging, and requires massive investments to eliminate the risk of failure. Water scarcity is ranked as the second major threat to United States national security after terrorism!

Recent water crises like the one in Flint, Michigan, have made Americans more aware of the fact that our nation can no longer turn a blind eye to our aging water infrastructure.

To put this in perspective, one day without water in the US will represent a loss of $43.5 billion in sales and $22.5 billion in GDP. Manufacturing revenues alone would decline by an average of 20 percent due to a disruption in water service.

According to the American Society of Civil Engineers’ (ASCE) 2016 assessment, the US needs to invest a minimum of $123 billion per year in water infrastructure over the next 10 years to achieve the minimum state of repair. And, if you think that amount is massive, the consequences of not acting today could double it.

On the other hand, the US economy would gain over $220 billion in total annual economic growth as a result of closing the investment gap and meeting our water infrastructure needs. This would generate and sustain approximately 1.3 million jobs and save around $94 billion a year in sales for US businesses in the next 10 years.

Source: http://thevalueofwater.org/sites/default/files/Economic%20Impact%20of%20Investing%20in%20Water%20Infrastructure_VOW_FINAL_pages.pdf

To reduce the burden on water infrastructure, you should upgrade your facilities with water efficient fixtures, such as our waterless and hybrid urinals, that use little to no water and help reduce the amount of sewage runoff.  Plus, you would be contributing to alleviating the future welfare of many households and the productivity and competitiveness of other businesses.

In the City of Los Angeles, business owners are encouraged to upgrade their commercial restrooms with these technologies through water rebates. Click here and get a free water audit.*