STATE: Annual toll rate increase for Triangle Expressway, Monroe Expressway to happen
Published 2:22 pm Wednesday, December 29, 2021
The annual increase of the toll rates for the Triangle Expressway and the Monroe Expressway, will take effect Saturday.
The North Carolina Turnpike Authority Board adopted schedules of incremental annual toll rate increases for both 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 11 cents to $3.71, or approximately three percent. For customers with a transponder traveling the full length of the Monroe Expressway, the cost will increase 6 cents to $2.72, or approximately two percent.
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% compared to the bill-by-mail rate.