September 25, 2013

MWC Files a Dispute to MWSS Over Arbitration of Rates

Manila Water Company has provided copies to Metropolitan Waterworks and Sewerage System (MWSS) to contest the tariff determination made by the latter as contained in Resolution No. 13-09-CA dated September 10, 2013 of the Board of Trustees of MWSS on the Rate Rebasing Adjustment for the Rate Rebasing period of 2013-2017.

Based on Manila Water’s business plans for the next five-year rate rebasing cycle that was submitted to the Manila Waterworks and Sewerage System, the company proposes to raise rates by P5.83 per cubic meter.

However, in a decision issued last Sept. 12, the MWSS Regulatory Office ordered a rate reduction of P1.48 per cubic meter per year for the next five years. - WealthSec