Waterprijs in Manila stijgt 21 to 36 percent tegen januari 2005

TAKING a bath in Metro Manila and parts of the provinces of Rizal and Cavite will cost 21 to 36 percent more by January. Starting next year, Manila's water concessionaires Maynilad Water Services Inc. and Manila Water Co. Inc. will raise water rates by 36 percent and 21 percent, respectively. As if this were not enough to sap the consumers, fuel prices will again go up before the end of the year. President Gloria Macapagal-Arroyo has agreed to give oil companies one last price adjustment for the year with the Department of Energy urging the industry players to adopt a subsidy scheme that would double the price hike for gasoline while reducing by half the increase in diesel. "This will be their last increase for the year," the President announced at a press briefing in Malacañang last night.
Energy Secretary Vince Perez said the oil companies had requested a P2 per liter increase in diesel prices and P1 per liter for gasoline to reflect the high oil prices last month. Crude oil prices have started to ease following the reelection of US President George Bush which bolstered Malacañang's belief that the downtrend would continue through the rest of the year. But Perez said he had been negotiating not only to implement the final price hike on a staggered basis. He also asked the oil companies "to raise gasoline prices by P2 per liter and diesel by only P1 per liter under a cross subsidy scheme to lessen the impact on our public transportation sector." He expected the oil companies to make a final decision on its price hike by midnight last night. Inevitable Press Secretary Ignacio Bunye said executives of the private water concessionaires went to Malacañang yesterday and met with Palace officials to explain the inevitability of the water rate hike. Bunye refused to comment on what was discussed during the meeting. At a press briefing last night, the President did not deny that water rates were bound to go up this Christmas along with electricity and cooking gas. During the campaign early this year, Ms Arroyo had asked the water concessionaires to hold off any water rate hike till after the elections to minimize the impact of rising oil prices on consumers. Rehab mode The financially ailing Maynilad, will have to impose an additional increase of P7 per cubic meter as the company goes into rehabilitation mode, officials of the Metropolitan Waterworks and Sewerage System (MWSS) said. Maynilad needs the new tariff rates to improve its financial viability and regain the trust of investors, according to the rehabilitation plan accepted by the Regional Trial Court Branch 90. The plan is being reviewed by the designated court receiver, Rosario Bernaldo. The rehab plan indicates that customers may pay P26.92 per cubic meter, up from the current P19.92 that Maynilad charges its more than 1 million customers in Manila's west zone. The charges include the basic charge, currency adjustment and the environment and sewerage charges. "This (plan) will ensure the cash flows of the company and even the MWSS has no more say but to implement whatever the regional court approves," said an official of the MWSS in an interview yesterday. Aside from the increase of P7, Maynilad will charge 17 centavos per cubic meter for the fluctuation of the peso against the US dollar, resulting in a total increase of P7.17, or 36 percent. Manila Water On the other hand, east zone concessionaire Manila Water will implement an increase of P2.18 per cubic meter in January, which would reflect the remaining rate rebasing adjustment and the peso fluctuation during the third quarter. MWCI Regulatory and Planning director Virgilio Rivera Jr. said in an interview that the MWSS Regulatory Office has already approved the 18 centavos per cubic meter for their foreign currency differential adjustment (FCDA). "We are supposed to implement it this October but we decided to impose the increase by January next year," said Rivera. He noted that the additional P2, which is still part of the rate rebasing adjustment approved last year, is still being assessed by the regulators. The FCDA allows the two water concessionaires to recover losses from the peso's fall against the US dollar as it pays off dollar-denominated concession fees to MWSS and for other loans acquired to finance service expansion and improvement of pipelines. Losses from peso's fall FCDA is computed quarterly depending on the depreciation of the peso to the US dollar. This is part of the Amendment No. 1 agreed upon by the private firms and MWSS. If approved by the MWSS regulators, Manila Water's tariff adjustment will translate to an additional increase of P12.58 per cubic meter from an average prevailing rate of P10.40 per cubic meter. A household consuming an average 30 cubic meters per month may pay P377.40. Service areas Manila Water supplies water and sewerage services to Manila's east zone: parts of Manila, Quezon City, Makati, Mandalaluyong, Quezon City, Marikina, Pasig, Taguig Pateros and a portion of Rizal province. Maynilad's service area covers all of Manila except San Andres and Sta. Ana, parts of Quezon City, parts of Makati, Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas, Malabaon, Cavite City and some towns of Cavite province. Editor's Note: Published on page A1 of the November 11, 2004 issue of the Philippine Daily Inquirer
Join For Water DOOR:

Deel dit artikel