Boracay: Water tariff increase

Boracay: Water tariff increase

0 1888

Boracay can expect to pay more for water next year with the implementation of an approved rate adjustment for Boracay Island Water Company, Inc. (BIWCI).

In a public notice published yesterday, BIWCI said that it will implement a 9.18% tariff adjustment from Jan. 1, 2014, as approved by the Tourism Infrastructure and Enterprise Zone Authority (TIEZA).

Residential customers who consume 10 cubic meters will have to pay a basic fee of P240.41, up from P220.20, for their water connection.

For every additional 11-20 m3, the customer will have to shed another P45.68/m3 (from P41.84/m3); and for an additional 21-50 m3, the customer will pay P67.32/m3 (P61.66/m3).

Commercial customers under classification A — resorts — will have to pay P601.03 for their water connection from the previous P550.50.

Additional consumption of 11-50 m3, would entail payment of P72.12/m3 more (from P66.06/m3). For 51-100 m3 more, the customer will be charged P84.14/m3 (from P77.07/m3).

Those who use over 100 m3 will have to shell out P96.16/m3 more from P88.08/m3.

Meanwhile, those who belong to the commercial B classification — diveshops — will pay P360.62/m3 from the previous P330.30/m3.

Additional consumption will entail the following costs: for 11-50 m3, P66.11/m3 (from P60.56/m3); for 51-100 m3, P78.14/m3 (from P71.57/m3); for over 100 m3, P90.16/m3 (from P82.58/m3).

Besides the increase in basic water charges, sewerage tariff rates that will be added to the basic charge and will be billed to the consumers were also approved by the TIEZA.

BIWCI is a joint venture between Manila Water Company, Inc. and TIEZA.

Jeric T. Sevilla, Jr., Manila Water’s head for corporate communications, clarified that “BIWCI is implementing the second tranche of the staggered rate adjustment approved” early this year.

In January, BIWCI secured TIEZA’s go signal to implement an increase of 10.10% in water rates, to be staggered for a period of four years and subject to yearly adjustments covering consumer price index.

In Vietnam, the company holds 49% stake in Thu Duc Water B.O.O. Corp. and 47.35% in Kenh Dong Water Supply Joint Stock Co.

Business World Online

Share this article Email this to someonePrint this pageShare on LinkedInShare on FacebookTweet about this on TwitterShare on Google+