MOTORISTS HIT WITH NEW YEAR TOLL HIKES
Inflation pushes up tariffs on 10 routes
MOTORISTS are in for some New Year pain as tolls on 10 routes are set to increase by as much as 20% from tomorrow.
Tariffs on the M50 and eight national roads will rise by as much as 50c per journey, depending on vehicle type.
And toll charges at Dublin Port Tunnel will go up by as much as €2 during rush hours – a 20% hike – in a bid to manage peak traffic.
Transport Infrastructure Ireland confirmed the increases and said the price hikes could not exceed the rate of inflation.
For cars travelling on Dublin’s M50 ring road, the toll is set to rise by 20c to €3.70 for cars without tags or video accounts. Motorists on the M50 with tags will see a 20c increase to €2.50 while those with video accounts will pay €3.10 per trip. Other vehicles will see increases between 30c and 40c on the M50. Tolls on the M1 (Dublin to Belfast), M7/M8 (Dublin to Cork/limerick), M8 (Portlaoise), N6 (Kinnegad to Galway), N25WF (Cork to Rosslare Europort via Waterford) and N18-LT (Limerick to Galway) will rise by 10c for motorcycles, 20c for cars and 20c and 50c for larger vehicles.
An increase of 10c will apply for motorcycles and cars on the M3 and 20c increases for larger vehicles.
At the M4 toll, an increase of 10c will apply for motorcycles, a 20c increase for cars and 30c and 50c for larger vehicles.
The charge at Dublin Port Tunnel at peak hours is rising to €12, with the offpeak rate rising from €3 to €3.50.
Peak hours for the Dublin Tunnel are 6am-10am southbound and 4pm-7pm northbound on weekdays.
In a statement TII said: “The level of tolls charged on the national road network is regulated through an inflation (CPI) adjustment mechanism as set out in the toll bye-laws, which means tolls cannot go above inflationary impact.
“TII will use the expected increase in income in 2024 to continue to fund the protection and renewal activities, where significant increases in costs are being experienced due to inflation.”