Manila Water has secured a substantial loan of up to P15 billion from Metropolitan Bank & Trust Co., a significant infusion of capital poised to reshape water services for millions.
This financial commitment isn’t simply about numbers; it’s a strategic investment in the future, earmarked for ambitious capital expenditure projects and essential corporate needs.
Over the first nine months of the year, the company and its subsidiaries navigated a complex financial landscape, borrowing P20.6 billion while simultaneously repaying P15.59 billion in existing loans – a testament to careful financial management.
The core of this financial activity centers around a P95 billion investment program spanning 2023 to 2027, a sweeping initiative focused on bolstering water supply security, expanding service accessibility, ensuring uninterrupted service, and championing environmental sustainability.
This isn’t abstract planning; Manila Water directly impacts the lives of over 7.8 million customers across 23 cities and municipalities in Metro Manila’s East Zone and Rizal province, providing a vital lifeline of water, wastewater, and sanitation services.
Looking ahead, residents should anticipate adjustments to their water bills beginning in the first quarter of 2026, following approval of a rate increase by the Metropolitan Waterworks and Sewerage System – Regulatory Office.
These adjustments will be tiered based on consumption, with households using 10 cubic meters or less facing an increase of P29.86 monthly, while higher usage brackets will see corresponding increases of P66.25 and P135.22.
Despite these changes, Manila Water is proactively reinforcing its operational capabilities to guarantee uninterrupted service, particularly during the peak demand of the holiday season.
Dedicated teams are vigilantly monitoring the entire system, ensuring stable and reliable water delivery so families can focus on celebrating without concern for their water supply – a commitment to peace of mind during a cherished time.
