How Variable Pricing Works
- To ensure the Express Lanes remain free flowing, variable tolls are used to manage the number of vehicles entering the lanes at any given time.
- When traffic is heavy and demand for the Express Lanes is high, toll rates increase. When demand is low, toll rates go down.
- Changeable electronic signs display the current rates in real time, so drivers know the price before deciding whether to enter the lanes.
- Once you are in the lanes, the price you saw on the signs is the price you are guaranteed to pay. Drivers entering after you or at different locations may pay a different rate.
- Initial toll rates could range from $0.25 to $4.00 per trip but could be higher if demand is greater than projected.
- Tolls paid by users will be the source of money to repay the funds used to finance the Project, including the sound walls and bicycle/pedestrian improvements.
Please see the Case Studies for examples of other projects across the nation that use variable pricing on their express lanes.