The National Association of Water Companies (NAWC) said the 15 largest regulated, private water companies in the United States collectively invested nearly $6.8 billion in 2025, a significant increase over prior years.
NAWC said the milestone in water infrastructure investment underscores the regulated, private water sector’s unwavering commitment to safe, reliable water service and reflects the sector’s sustained dedication to modernizing the nation’s critical water systems.
NAWC said it has been tracking this investment figure for the past 10 years, and in that time, the data shows that more than $43.5 billion has been invested by these companies.
NAWC said the funds are sourced from the private sector, not taxpayer dollars, reinforcing its member companies’ dedication to enhancing and modernizing water and wastewater infrastructure.
“The safety and reliability of our nation’s water infrastructure demands urgent and sustained attention,” said NAWC President and CEO Robert F. Powelson. “Our members – regulated, private water companies – are rising to meet that challenge, investing nearly $6.8 billion in 2025 alone to replace aging and leaky pipes, remove customers’ lead lines and upgrade water treatment facilities to prevent contamination and protect our waterways.”
“When you look at more than $43.5 billion invested over the past decade, it is clear that the regulated, private water sector is a leading, reliable partner in fixing America’s water infrastructure,” Powelson added.
These investments directly benefit customers and communities by:
- Replacing aging and leaky pipes to reduce water loss and improve service reliability.
- Removing lead service lines to protect public health.
- Upgrading water treatment plants to ensure the highest standards of water quality and address contaminants like PFAS.
- Preventing raw sewage from leaking into waterways and the environment.
As federal and state governments continue to grapple with the scale of America’s water infrastructure challenges, NAWC said its member companies remain steadfast in their role as long-term investors in the water systems in their communities.
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