Get ready to pay for higher water bills starting next year.
In a report by Mav Gonzales on GMA News’ “Balitanghali” on Friday, the Metropolitan Waterworks and Sewerage System (MWSS) approved the rate increase of concessionaires Maynilad Water Services Inc. and Manila Water Co. Inc.
As a result, Manila Water will increase its rate by P0.64 centavos per cubic meter. Maynilad is raising its rate by P1.48 per cubic meter.
This means that a household consuming 10 cubic meters a month would have to pay an additional P3.34 for Manila Water customers and P5.30 for Maynilad consumers.
Industry regulator MWSS, however, assured the public that such rates will go down if the Philippine peso fares better against the US dollar. —Llanesca Panti/VDS, GMA News