{"id":139691,"date":"2017-12-17T00:47:05","date_gmt":"2017-12-17T05:47:05","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=139691"},"modified":"2017-12-17T00:47:05","modified_gmt":"2017-12-17T05:47:05","slug":"maynilad-to-hike-water-rates-starting-january","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/12\/17\/maynilad-to-hike-water-rates-starting-january\/","title":{"rendered":"Maynilad to hike water rates starting January"},"content":{"rendered":"
\"Maynilad<\/a>
Maynilad logo (Wikipedia Photo)<\/figcaption><\/figure>\n

MANILA\u2014<\/strong>\u00a0The Maynilad Water Services Inc. on Friday announced a hike in its average basic rate by PHP0.97 per cubic meter starting January next year.<\/p>\n

In a statement, Maynilad said the average basic rate adjustment amounts to 2.8 percent of the PHP34.51 per cubic meter average basic charge in 2017, which represents the consumer price index adjustment.<\/p>\n

Maynilad was also granted a 0.6 percent foreign currency differential adjustment (FCDA) by the Manila Waterworks and Sewerage System (MWSS), based on the approved 2018 average basic charge of PHP35.48 per cubic meter.<\/p>\n

FCDA is a mechanism granted to utilities to recover losses or return gains from the fluctuating movements of the peso against other currencies.<\/p>\n

Maynilad noted that the decrease in foreign currency differential was not enough to offset the overall rates.<\/p>\n

With the new rate, customers consuming 10 cubic meters or less will have a bill amounting to PHP121.65 from PHP118.95, or an increase of PHP2.70.<\/p>\n

Those consuming 20 cubic meters, meanwhile, will be charged PHP455.74 from PHP445.56 for the previous month, or a difference of PHP10.18.<\/p>\n

Households consuming 30 cubic meters per month will also have to pay PHP930.32, compared with PHP909.54 from the previous month.<\/p>\n

Maynilad covers the West Zone of the Greater Manila Area, which consists of Manila, Quezon City, Makati, Caloocan, Pasay, Para\u00f1aque, Las Pi\u00f1as, Muntinlupa, Valenzuela, Navotas and Malabon.<\/p>\n

It also serves the cities of Cavite, Bacoor and Imus, along with the towns of Kawit, Noveleta and Rosario.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u2014\u00a0The Maynilad Water Services Inc. on Friday announced a hike in its average basic rate by PHP0.97 per cubic meter …<\/p>\n","protected":false},"author":33,"featured_media":21899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[39235,39236],"class_list":["post-139691","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ph","tag-maynilad-to-hike-water-rates-starting-january","tag-maynilad-water-services-inc","mauthors-juzel-danganan","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/139691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=139691"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/139691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/21899"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=139691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=139691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=139691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}