As increasing the Internet traffic, many researches on access network are reported for end-to-end highspeed broadband network, where E-PON (Ethernet-Passive Optical Network) is one of reasonable candidates for the network with respect to cost and bandwidth utilization. For the high-speed access network, E-PON needs an efficient bandwidth allocation method. This paper describes a WFBA (Water-Filling Bandwidth Allocation) algorithm for the efficient bandwidth allocation with various simulation test. Based upon the simulation test, we suggest several ways to improve performance of E-PON.