Maynilad uses cookies to improve our website and enhance your browsing experience. Read our Cookie Notice.

Maynilad News

Maynilad to adjust water tariff by April 22

Share Via

Residents in the West Zone will have adjusted water rates as Maynilad Water Services, Inc. (Maynilad) implements an increase in its Foreign Currency Differential Adjustment (FCDA) starting April 22, 2017, as well as an adjustment to cover the 1.9% Consumer Price Index.

Maynilad customers consuming 10 cubic meters or less every month will see their water bill increase by ₱2.60 from ₱115.88  to ₱118.48, while those consuming 20 cubic meters every month will see their water bill increase from ₱434.04 to ₱443.81 —a difference of ₱9.77. Meanwhile, households consuming 30 cubic meters a month will note an increase of ₱19.96 in their water bill, from the current ₱885.99 to ₱905.95.

The increase in water tariff for Maynilad customers is due to two factors: 

1. The inflationary increase of 1.9% on the previous average basic rate of ₱33.87, which increased the average basic rate by ₱0.64 to ₱34.51 per cubic meter

2. The FCDA will go up from 0.32% (implemented in the 3rd quarter of 2016) to 0.69%, as a percentage of the new average basic rate of ₱34.51 to ₱0.24 per cubic meter. 

The FCDA adjustment shall be effective from April 22 to June 30, 2017.

FCDA is a tariff mechanism granted to utility companies to allow it to recover losses or give back gains arising from the fluctuating movements of the peso against other currencies. This is because Maynilad pays foreign-denominated Concession Fees to the Metropolitan Waterworks and Sewerage System (MWSS), as well as loans to fund projects that will improve service for its customers.

Maynilad projects include the construction of new water infrastructure to enhance efficiencies and reduce water losses, and expansion of sewerage and sanitation services to help protect community health and the environment.

Maynilad uses cookies to improve our website and enhance your browsing experience. Read our Cookie Notice.

Bank of Commerce

ONLINE BANKING

Steps/Procedures Unavailable

MOBILE BANKING

Steps/Procedures Unavailable

BancNet

ONLINE BANKING

Steps/Procedures Unavailable

MOBILE BANKING

Steps/Procedures Unavailable

BDO

ONLINE BANKING

1.) Visit www.bdo.com.ph
2.) Click Online Banking Log in
3.) Click on Enroll Now
4.) Read the Terms and Conditions.
5.) Fill out the needed information
6.) Click Submit

MOBILE BANKING

1.) Download the BDO Personal Banking
2.) Click on Enroll Now
3.) Read the Terms and Conditions.
4.) Fill out the needed information
5.) Click Submit

BPI

ONLINE BANKING

1.) Go to BPI Expressonline (www.bpiexpressonline.com) then click on “Enroll Now”.
2.) Select your location from the options provided.
3.) Read the Terms and Conditions.
4.) Submit your deposit account information.
5.) Fill out the EOL REgistration Form.
6.) A confirmation page will appear.

MOBILE BANKING

1.) Download the BPI Mobile App
2.) Click on Log in
3.) Click on Register Now
4.) Read the Terms and Conditions.
5.) Fill out the needed information
6.) Click Submit

LandBank

ONLINE BANKING

1.) Visit www.lbpiaccess.com.ph
2.) Click on Enroll now
3.) Read the Terms and Conditions.
4.) Fill out the needed information
5.) Click Submit

MOBILE BANKING

1.) Download the Landbank Mobile App
2.) Enroll on lbpiAccess.com
3.) Use the log-in credentials to access the App

EastWest Bank

ONLINE BANKING

1.) Visit www.eastwestbanker.com
2.) Click Log in now and then Personal Account
3.) Click Sign me up
4.) Read the Terms and Conditions.
5.) Follow the steps and fill out the needed information
6.) Click Submit

MOBILE BANKING

1.) Download the Eastwest Mobile Banking App
2.) Click on Sign me up
3.) Read the Terms and Conditions.
4.) Fill out the needed information

MetroBank

ONLINE BANKING

1.) Visit personal.metrobankdirect.com
2.) Click on Sign up now
3.) Read the Terms and Conditions.
4.) Select the account that you would like to enroll
5.) Fill out the needed information
6.) Click Submit

MOBILE BANKING

1.) Download the Metrobank App
2.) Click on Sign up
3.) Read the Terms and Conditions.
4.) Fill out the needed information

Chinabank

ONLINE BANKING

Steps/Procedures Unavailable

MOBILE BANKING

1.) Download the CBS Personal App
2.) Click on Sign up
3.) Read the Terms and Conditions.
4.) Fill out the needed information

PSBank

ONLINE BANKING

1.) Visit www.psbank.com.ph
2.) Click Log in then Personal
3.) Click Register Account
4.) Read the Terms and Conditions.
5.) Fill out the needed information
6.) Click Submit

MOBILE BANKING

1.) Download the PSBANK Mobile App
2.) Click on Sign up Now
3.) Read the Terms and Conditions.
4.) Fill out the needed information

Security Bank

ONLINE BANKING

1.) Visit www.securitybank.com
2.) Click on Log in
3.) Click Enroll Now
4.) Read the Terms and Conditions.
5.) Choose the type of account to enroll
6.) Fill out the needed information
7.) Click Submit

MOBILE BANKING

Steps/Procedures Unavailable

UnionBank

ONLINE BANKING

1.) Visit www.unionbankph.com
2.) Click on UnionBank Online
3.) Click Sign Up Now
4.) Read the Terms and Conditions.
5.) Choose the type of account to enroll
6.) Fill out the needed information
7.) Click Submit

MOBILE BANKING

1.) Download the UnionBank App
2.) Click on Sign up with My Existing Account
3.) Read the Terms and Conditions.
4.) Choose the type of account to enroll
5.) Fill out the needed information

RCBC

ONLINE BANKING

1.) Visit www.rcbc.com
2.) Click on Log in Personal Online Banking
3.) Click Enroll Now
4.) Fill out the needed information
5.) Click Submit

MOBILE BANKING

1.) Download the RCBC App
2.) Click on Register
3.) Read the Terms and Conditions.
4.) Fill out the needed information

UCPB

ONLINE BANKING

1.) Visit www.ucpb.com
2.) Click on Connect Log in
3.) Click on New User
4.) Read the Terms and Conditions.
5.) Fill out the needed information
6.) Click Register

MOBILE BANKING

1.) Download the UCPB App
2.) Click on Enroll Now
3.) Read the Terms and Conditions.
4.) Fill out the needed information
5.) Click Register