Aging water infrastructure will cost U.S. businesses $147 billion over the next decade, a new report from the American Society of Civil Engineers (ASCE) found. America's water and wastewater infrastructure systems are aging and overburdened, with many of them built around the turn of the century. Unless new investments are made, by 2020 unreliable and insufficient water infrastructure will cost the average American household $900 a year in higher water rates and lower wages.