E-470 announces toll rate increases for 2014

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E-470 announced toll rate increases for 2014. Rates will rise by five to 10 cents for ExpressToll customers and by 10 to 15 cents for License Plate Toll customers.
    Rates depend on whether the tolling location is a ramp or a toll plaza. ExpressToll customers will continue to pay about 20 percent less than License Plate Toll customers.
    The 2014 toll increase corresponds with the toll rate policy approved by the E-470 board of directors in 2010. That year, the board voted to pursue smaller, incremental increases on an annual basis rather than waiting every three years to raise tolls. According to E-470 Director of Finance Stan Koniz, “This change was made so that the toll increases would have less impact on customers’ driving expense over time, and correspond to the authority’s scheduled annual increases in debt service payments.”
    The 2014 E-470 toll rates for a two-axle vehicle will be as follows:
    • ExpressToll rates at all five mainline toll plazas will rise by 10 cents. The ExpressToll rate at Toll Plaza A between Chambers Road and Peoria Street will be $2.45; the rate will be $2.70 at the other four toll plazas.  All ExpressToll ramp tolls will increase to $1.10, up five cents.
    • License Plate Toll (LPT) rates at Toll Plaza A will rise to $3.05, up 10 cents; the LPT rate will rise to $3.40 at all other toll plazas, up 15 cents. All LPT ramp tolls will increase to $1.40, up 10 cents.
Rates for vehicles with more than two axles can be found online at www.expresstoll.com.  
    LPT customers can save up to 20 percent on tolls by opening an ExpressToll account at www.expresstoll.com or by calling 303-537-3470 (metro Denver) or toll-free at 888-946-3470. The ExpressToll sticker tag is provided at no cost; however, a prepaid toll balance is required. ExpressToll customers also gain access to the ExpressToll Rewards program offering deals and discounts to local businesses.