Cheap water pipes get a second chance
The price of cheap water pipes is set to fall again.
The price of new pipes, the mainstay of most water utility systems, is expected to drop again next year, according to the latest data from the U.S. Environmental Protection Agency.
In the third quarter of this year, the average cost of a new water pipe dropped about 1% from $1,958 to $1 (U.S.) per meter.
That compares to a 5% drop from the third-quarter of last year.
The average cost for new pipes dropped by $1 per meter last year, down from $2,085.
That’s the lowest price increase in five years.
The EPA’s data showed a 2.4% drop in prices for new water pipes.
The EPA’s water price index, which includes the cost of piping, does not include the costs of replacing existing pipes.
The drop in the price of the water pipes comes as water conservation and water supply plans continue to improve.
The cost of water is falling, as cities have adopted conservation measures and residents have been forced to pay more for the water they use.