You almost couldn't be more wrong about that. Providing electricity and water are both massively complex undertakings, and ongoing innovation[0] is crucial to providing service for a growing population, and meeting the ecological challenges of tomorrow. California is in the middle of an epochal drought[1], and you're saying we don't need innovation in water?

[0] http://energy.gov/oe/services/technology-development/smart-g...

[1] http://ca.gov/drought/