E-470 Tolls Dropped January 1st
Tolls will cost less on Colorado's E-470 starting Saturday. E-470 Public Highway Authority leaders are taking their first step in what they hope will be a multiyear makeover that will get motorists who may not be using the eastside tollway to rethink its viability as a connecting corridor.
A pilot program that offers commercial trucks with ExpressToll accounts a 5% discount at all tolling points and a 20% discount between 9 a.m. and noon also will extend into 2022 — and likely beyond.
The highway authority’s board have decided to invest in efforts to attract more traffic. And the 1.7% to 3.8% reduction in electronic-pass and licensed-based tolling that will kick in on Jan. 1 is just the first bit of outreach.
Board members have recommended similar reductions in tolls and continuation of the trucking pilot program take place in 2023 and 2024 as well, though those further price drops must be approved on an annual basis. The pilot program is particularly important because the highway, which boasts only 6% of traffic as coming from commercial trucks, wants to increase its load of these higher-paying vehicles at a time when goods deliveries have risen during the pandemic.
Beginning Saturday, two-axle vehicles with ExpressToll passes will pay between $2.60 and $2.90 at each of the five tolling points, while those without a pass will pay between $4.20 and $4.60 per tolling station. Three-axle vehicles with passes will pay between $3.95 and $4.40 per tolling point between 9 a.m. and noon and between $4.95 and $5.50 per tolling station the rest of the day (with extra costs for more axles), and commercial drivers without passes will pay between $8.40 and $9.20 per tolling point throughout the day.
Excerpted from the Denver Business Journal. To see full story, click HERE.
CMCA worked with E-470 staff and board members for the past few years to create the Truck Pilot Program, and we are currently working on getting that Pilot expanded and increased. |