The MWSS Board approved a new FCDA for Maynilad, lowering its third-quarter tariff by P0.01 per cubic meter, while Manila Water will not adjust this quarter due to minimal impact. The adjustment aims to offset foreign exchange losses and align tariffs with loan repayment in foreign currencies.
At a press briefing on Thursday, MWSS -Regulator Office chief regulator Patrick Ty announced that the MWSS Board of Trustees"approved the recommendation of the MWSS -RO to implement the Foreign Currency Differential Adjustment for the Third Quarter of 2026, based on its evaluation of the FCDA proposal of water concessionaire , Maynilad Water Services, Inc."The FCDA is a quarterly-reviewed tariff mechanism that allows water concessionaire s to recover losses or give back gains arising from fluctuations in foreign exchange rates, as payments are made for foreign currency-denominated loans used to fund the expansion and improvement of water and sewerage services.
Singil sa tubig ng Manila Water, Maynilad, tataas simula sa Abril 2026 It is a corrective mechanism formulated by the MWSS-RO to avoid under recovery or over recovery caused by foreign exchange movements. For Maynilad, the MWSS approved a downward tariff adjustment of P0.01 per cubic meter for the third quarter to P0.12 per cubic meter from P0.13 per cubic meter in the second quarter of 2026.
The impact of Maynilad's tariff adjustment on its regular customers would be a decrease of P0.34, P1.29, and P2.66 in the water bills of those consuming 10 cubic meters, 20 cubic meters, and 30 cubic meters, respectively.
"Meanwhile, Manila Water, which serves the east concession area, will not implement any adjustment at this time, as the computed adjustment is less than P0.01 per cubic meter and is impractical to implement," Ty said. "The concessionaire will continue applying its previously approved FCDA equivalent to 0.76% of its 2026 Average Basic Charge of P50.70 per cubic meter, or P0.39 per cubic meter," he said.
Foreign Currency Differential Adjustment Maynilad MWSS Tariff Adjustment Water Concessionaire
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