The privatization has not only paved the way for the upgrading and rehabilitation of the city's water network, it has also actually made the price of water cheaper.
Presently, Maynilad charges its customers an average of P32.63 per cubic meter inclusive of Value Added Tax (VAT) for unsewered services. Broken down, it consists of the Basic Charge which is P22.47 per cubic meter of water plus a P1.00 Currence Exchange Rate Adjustment and an Environmental Charge of P2.65 whish is 10% of the Basic, CERA, and FCDA. Maynilad started implementing the Foreign Currency Differential Adjustment (FCDA) last January 1, 2002.
Those with sewer services are charged P47.46 on the average because of the Sewer Charge of P14.83 per cubic meter, which is 50% of the Basic, CERA and FCDA.
A fixed Maintenance Service Charge (MSC)) is also levied per connection depending on the meter size, the amount of which ranges from P1.50 to P50.
The privatization has not only paved the way for the upgrading and rehabilitation of the city's water network, it has also actually made the price of water cheaper.
