MWSS approves Manila Water rate cut on foreign exchange adjustment

Tycoon Enrique Razon Jr.’s Manila Water Co. Inc.’s customers will see lower water bills starting Oct. 1 after regulators approved a tariff reduction for Manila Water customers.

The Metropolitan Waterworks and Sewerage System (MWSS) cleared the implementation of a Foreign Currency Differential Adjustment, cutting average charges by about P0.15 per cubic meter. 

This adjustment reflects changes in foreign exchange costs passed through to customers and is equivalent to 0.80 percent of the 2025 basic charge of P47.10 per cubic meter.

For households, the reduction means modest savings, especially for high-usage consumers, though the overall impact may be limited. 

Manila Water stressed that the FCDA has no effect on its projected net income since the charge only accounts for forex movements tied to concession loans.

—Edited by Miguel R. Camus