STATE: Toll rate increase planned for Triangle, Monroe expressways
RALEIGH – The annual increase of the toll rates for the Triangle Expressway and the Monroe Expressway will take effect Friday.
The North Carolina Turnpike Authority Board adopted schedules of incremental annual toll rate increases for the Triangle Expressway and Monroe Expressway based on the financing requirements for each project.
For NC Quick Pass customers with a transponder traveling the full length of the Triangle Expressway the cost will increase 12 cents to $3.60. For bill-by-mail customers, the cost will go up 19 cents to $5.52. For customers with a transponder traveling the full length of the Monroe Expressway, the cost will increase six cents to $2.66. For bill-by-mail customers, the cost will go up nine cents to $4.10.
Toll revenue is used to pay off bonds sold to fund the construction of the projects, as well as fund the overall road maintenance including repairs, mowing and winter weather preparation and response.
Drivers can get a free NC Quick Pass transponder that can be used on all toll facilities in North Carolina and saves travelers 35 percent compared to the bill-by-mail rate.
For real-time travel information, visit DriveNC.gov or follow NCDOT on social media.
Albemarle’s partnership with retail firm has brought in 11 businesses, with almost $27 million in total investment
Over the past six years, 11 regional and national retailers have moved to Albemarle, resulting in more than 200 new... read more