Corporate income tax recovery comprised 31 percent and 26 percent of the rates charged to consumers by Manila Water and Maynilad, respectively, in 2008 and 2012.
Tags: water rate hike
Supreme Court urged to stop water firms’ ‘illegal’ pass-on charges
The attendant “novel” issues they also raised include the urgent need to stop Finance Secretary Cezar Purisima and President Benigno Aquino III from paying out of the national coffers any amount to Maynilad and Manila Water for alleged damage claims against the Sovereign Guarantee.
Solons to probe ‘irregularities’ in setting water rates
“Unjust and immoral pass-on charges manifest the failure of the Concession Agreement between Metropolitan Waterworks and Sewerage System (MWSS) and water concessionaires Maynilad and Manila Water to provide affordable water rates to the consuming public.” – Bayan Muna House Resolution No.39
‘Why let water firms charge all their expenses plus profits to consumers?’ groups ask Aquino
“There are more than enough grounds for the rates to go down if regulators will really disallow the charging of questionable items such as the income taxes of the two water concessionaires.” – Renato Reyes, Bayan
Toiling Masses Hailed in People Power Anniversary; Price Hikes Mar EDSA 1 Commemorations (PR)
Press Release February 24, 2011 As prominent personalities take spotlights in today’s commemoration of EDSA I, Anakpawis Partylist gave the full tribute to the masses and unsung heroes who are yet to reap the fruits of their struggle 25 years ago. “We owe the democracy we enjoy now to no one but our collective participation.…
Water Rate Hike Hit, Group Says Increase Unjustified and Insensitive (PR)
News release 1 February 2011 The Water for the People Network (WPN) condemned the rate hikes implemented by private water concessionaires in Metro Manila, calling the increases unjustified and insensitive to the plight of ordinary consumers. Starting this month, Manila Water Co. will charge P1.92 per cubic meter (cu. m) more on residential customers using…
Public Warned: Brace for Higher Water Rates, Poorer Services
The broad-based Water for the People Network has warned the public, particularly Maynilad’s customers, to brace for higher water rates and poorer services from the water firm as the approval of Amendment No. 2 to its Concession Agreement with the MWSS nears. The Water for the People Network also called on the general public to…