Search results
Results From The WOW.Com Content Network
However, in September 2013, the regulator MWSS ordered both companies to reduce their tariff. Manila Water and Maynilad were ordered to reduce tariffs by 29.47 percent and 4.82 percent respectively in five equal annual tranches over a period of five years, because "the utilities were unable to justify the need for higher rates based on their ...
The Metropolitan Waterworks and Sewerage System [1] (Tagalog: Pangasiwaan ng Tubig at Alkantarilya sa Kalakhang Maynila), [5] formerly known as the National Waterworks and Sewerage System Authority (NAWASA), is the government agency that is in charge of water privatization in Metro Manila and nearby provinces of Cavite and Rizal in the Philippines.
Manila Water Company, Inc. has the exclusive right to provide water and used water (wastewater) services [1] to over six million people in the East Zone of Metro Manila. [2] It is a subsidiary of Enrique Razon 's Trident Water Holdings Company, Inc., who acquired stakes from the country's oldest conglomerate, Ayala Corporation , starting in ...
Criteria for tariff setting Water tariffs are set based on a number of formal criteria defined by law, as well as informal criteria. [1] Formal criteria typically include: financial criteria (cost recovery), economic criteria (efficiency pricing based on marginal cost) and sometimes; environmental criteria (incentives for water conservation).
Maynilad Water Services Inc. was formed in 1997 as a partnership of the Benpres Holdings Corporation (now the Lopez Group of Companies) and Ondeo Water Services Inc. after it won the bidding to run the water and wastewater services in the West Zone. Benpres eventually left the partnership in 2006 to settle a US$240 million debt.
The tariff structure is similar to the model used in Metro Manila, with an average tariff for the first 10m 3 and increasing tariffs for additional consumption. [34] At the end of 2006, the national average tariff for 30 m 3 was US$0.36 per m 3 , which is more than double of 1996. [ 33 ]
Although the impact on tariffs cannot be fully concluded since each country has different policy on tariffs, water tariffs tend to be increased under privatization. For instance, in Buenos Aires and in Manila, tariffs first declined, but then increased above their initial level; in Cochabamba or in Guyana, tariffs were increased at the time of ...
Key to effective and efficient water pricing is a systematic process to understand: (i) the value of water in alternative uses; (ii) the private and external costs of supplying water services; and (iii) the multiple options to determine an appropriate water tariff. Within the four dimensions of water pricing (uniform versus variable tariff and ...