Maynilad: No more water rate hikes in 2021

Customers of west zone concessionaire Maynilad Water Services Inc. can expect no significant increase in their monthly bills next year as the water distributor announced deferment of rate adjustments.

In a statement, Maynilad cited the ongoing COVID-19 pandemic for its move to defer water rate hikes in 2021.

“During these difficult times when no one is spared the economic impact of the COVID-19 pandemic, Maynilad is one with the government in finding ways to help our countrymen make the situation more manageable,” it said.

“In this regard, Maynilad is forgoing the rate increases it is qualified to implement in the coming year—specifically the already-approved rebasing adjustment for 2021, as well as the mandated CPI (consumer price index) inflation increase for the year,” it added.

Maynilad currently serves customers in the cities of Caloocan, Las Piñas, Makati, Malabon, Manila, Muntinlupa, Navotas, Parañaque, Pasay, Quezon, Valenzuela.

It also services certain areas in Cavite such as the cities of Bacoor, Cavite, and Imus; and the towns of Kawit, Noveleta, and Rosario.

“With this deferral, Maynilad hopes to alleviate the day-to-day struggles of its customers as they and the whole country strive to recover from adversity and rise stronger than before, ready to start anew,” Maynilad said. —Ted Cordero/KG, GMA News