PARK RIDGE, NJ, Sept. 24, 2008 -- The annual survey conducted by the NUS Consulting Group found that the average price of water in the United States soared by 7.3 percent for the period ending July 1, 2008. The survey, which includes 51 water systems located throughout the country, revealed the highest price paid was in Boston, MA at $5.76 per one thousand gallons ("KGal") while consumers in Savannah, GA enjoyed the lowest water price at $1.09 per KGal. The average cost of water in 2008 for the U.S. was $2.81 per KGal. When including related sewer charges, the survey found that the national average price rose to $7.08 per KGal -- an increase of 6.8 percent from July 2007. Since 2003, average surveyed water prices in the U.S. have increased by nearly 30 percent (see table).
More than two-thirds of the surveyed cities had increased their water charges. Some of the more notable increases included New Orleans, LA (+51.9%), St Louis, MO (+32.4%), Fort Smith, AR (+29.6%), Sioux Falls, SD (+18.2%), Los Angeles, CA (+17.9%), Binghamton, NY (+16.6%), Kansas City, MO (+16.3%), San Francisco, CA (+15.8%), Hackensack, NJ (+15.4%) and Chicago, IL (+15.0%). Of the water systems surveyed, none reported a decrease in pricing over the past year.
"With so much attention being paid to oil and gasoline markets, Americans may neglect to notice the increases in their water charges," remarked Richard Soultanian, co-president of NUS Consulting Group. "While U.S. prices are considered modest by international comparison, this most precious commodity is truly our sleeping giant in terms of cost impacting each and every consumer."
NUS Consulting Group is a world leader in energy and telecommunications consulting services.
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