The Cagayan de Oro City Water District (COWD), the country’s first public water utility, is seeking a 68-percent increase in its tariff to help fund its investment requirements. INQUIRER FILES
CAGAYAN DE ORO CITY – The Cagayan de Oro City Water District (COWD), the country’s first public water utility, is seeking a 68-percent increase in its tariff to help fund its investment requirements.
Based on its petition with the Local Water Utilities Administration (LWUA), COWD plans to increase the water tariff in two tranches; first, from the current P21.84 per cubic meter to P30.58, then to P36.70.
According to Engr. Edna Najeal, COWD general manager, the last time the water utility adjusted its rate was in 2011, or some 15 years ago.
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