The Metropolitan Waterworks and Sewerage System (MWSS), by virtue of Board Resolution No. 2026-078-RO, dated 28 May 2026, as recommended by the MWSS Regulatory Office (RO) in RO Resolution No. 2026-09-CA dated 15 May 2026, granted Maynilad a Foreign Currency Differential Adjustment (FCDA) equivalent to negative 0.47% of the Average Basic Charge of P52.86/cu. m. or an average rebate of P0.25/cu.m. This adjustment will be effective fifteen (15) days after publication or on 01 July 2026. Our Low-Income Lifeline customers consuming 20 cu.m. and below, will be exempt from the adjustment.
FCDA is a tariff mechanism granted to Maynilad to recover or compensate for fluctuations, as the case may be, in the foreign exchange rates arising from Maynilad’s payment of foreign currency-denominated (i) Concession Fees to MWSS, and (ii) loans that Maynilad obtained for its service improvement projects. The FCDA mechanism is based on the principle of “no over or under recovery”.
Maynilad operates the largest water concession by population served within a single concession area in the Philippines. It is a concessionaire of the Metropolitan Waterworks and Sewerage System (MWSS) for the West Zone of the Greater Manila Area, which is composed of the cities of Manila (certain portions), Quezon City (certain portions), Makati (west of South Super Highway), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon, all in Metro Manila; the cities of Cavite, Bacoor and Imus, and the municipalities of Kawit, Noveleta and Rosario, all in Cavite Province. Maynilad has 10 Business Area offices across the West Zone that serve its customers.
