12/12/2024
Water Rate Hike approved for Maynilad and Manila Water next year.
The Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) has approved the increase in water service rates for its concessionaires, Manila Water Company Inc. and Maynilad Water Services Inc.
At a press conference in Quezon City on Thursday, MWSS-RO Chief Regulator Patrick Ty announced that the regulatory body took into consideration the actual capital spent by the water concessionaires for the period 2023 to 2024 in approving the water rate hikes, which would take effect in January 2025.
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