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Abstract
Prepared for the American Society of Civil Engineers by Economic Development Research Group, Inc., in association with La Capra Associates.
Each report in the Failure to Act series provides an objective analysis of the economic implications for the United States of its continued underinvestment in infrastructure. Reports in the series assess the implications of present trends in infrastructure investment for the productivity of industries, national competitiveness, and the costs for households. Analysis considers both the building of new infrastructure to meet increasing population and expanded economic activity, and the maintenance or rebuilding of existing infrastructure that needs repair or replacement.
This report focuses on electricity, including generation, transmission, and the distribution infrastructure that provides electricity to U.S. homes and businesses. Topics include: an introduction; overview of electricity infrastructure; supply and demand; the potential investment gap; costs incurred by a failure to invest; economic impacts; and conclusions.