Pennsylvania toll road tolls will increase by 5% in 2022


Tolls on the Pennsylvania Turnpike will rise again in 2022, but the increase will be slightly lower than what drivers have seen in recent years.

The Pennsylvania Toll Road Commission said on Tuesday that starting in January, E-ZPass and Toll by Plate customers’ tolls will increase by 5%, the lowest toll increase in six years.

Next year, the average toll for passenger cars of E-ZPass customers will jump from $1.60 to $1.70, and the average toll for Toll By Plate drivers will jump from $3.90 to $4.10.

The most common toll for E-ZPass drivers’ Class 5 towing trailers will increase from USD 13 to USD 13.70, and Toll by Plate customers will increase from USD 26.60 to USD 28.

Passenger cars traveling west across the Delaware River Bridge connecting Bucks County and Burlington County will increase the toll for E-ZPass customers from US$6.10 to US$6.50, and the toll for Toll By Plate drivers from 8.20 The US dollar increased to 8.70 US dollars.

After applying the increase in tolls in 2022, the E-ZPass and license plate rate for passenger cars and commercial vehicles will be rounded to the next dime. The travel calculator and toll schedule for 2022 will be available online this fall.

If non-E-ZPass drivers use the PA Toll App and set up automatic payment for the Toll by Plate service, they can get a 15% discount on tolls.

PTC stated that the annual toll increase of 5% is expected to continue until 2025, and then drop to 4% and 3.5% in 2026 and 2027, respectively. From 2028 to 2050, the annual toll rate growth rate is expected to drop to 3%.

PTC cited the increase in its mandatory transit operating costs for PennDOT as the reason for the increase in tolls, which total US$450 million per year. PTC said the committee will pay a final annual payment of $450 million this month.

Starting in July next year, PTC’s transportation funding needs will be reduced to 50 million U.S. dollars, because the state’s motor vehicle sales and use taxes will pay the remaining 400 million U.S. dollars. According to PTC, the commission must pay the state $50 million annually until 2057.

Since the start of mandatory payments in 2007, PTC has provided PennDOT with US$7.45 billion in funding.

The committee also needs to repay debts incurred to pay the borrowing needed to provide the funds. PTC’s borrowing debt is currently US$400 million, but it is expected to surge to US$600 million by 2038 before falling.

Mark Compton, the chief executive of Pennsylvania Toll Road, said that if PTC as an organization is to maintain financial soundness and the economic vitality of the toll road to connect the community, then the decline in payments is “critical.”

“Finally, we saw a glimmer of light at the end of this long tunnel,” Compton Say“In addition to giving ourselves a sigh of relief, it also allows us to start providing some relief for customers who have substantially increased tolls and refocus on making the necessary improvements to our roads.”

License plate driver charges This year’s tolls have increased by 45% To offset higher costs incurred by the system, including processing payments and mailing invoices. The state’s Toll by Plate service will take photos of license plates and mail invoices to registered drivers.

In 2021, the toll rate for E-ZPass customers increased by 6% for the 12th consecutive year. The Pennsylvania Turnpike has implemented an annual toll increase since 2009.

Certain locations, such as the Delaware River Bridge, are exempt from increased tolls because such additional fees are already in place.

Cashless, fully electronic toll It became permanent on the Pennsylvania Turnpike last June, Resulting in the dismissal of hundreds of toll collectors and toll collectors.

The layoffs are not expected to take effect until next year, but due to the impact of the COVID-19 pandemic on toll revenue and traffic volume in 2020, the process of layoffs has accelerated.



Source link