Tolls to rise by 20c per journey from New Year's Day

Tue, 05 Dec, 2023 - 15:02

David Kent

The prices for tolls on 10 Irish roads will increase by at least 20c from January 1, Transport Infrastructure Ireland (TII) have confirmed.

The decision was approved in October and will see tolls increase by 20c per journey on the M50 and Public-Private Partnership (PPP) toll roads, with heavy goods vehicles tolls rising by 30c to 50c per journey.

This will mean that cars on the M7 and M8 will now need to pay a toll of €2.30 per journey.

Toll charges are decided on by using an inflation adjustment mechanism called the CPI. That increased by 6.3% between August 2022 and August 2023 and this has resulted in increased tolls for all vehicle categories on all toll concession roads.

A TII spokesperson said: "TII’s duty is to secure the provision of a safe and efficient network of national roads and while the primary purpose of toll revenue is generally to fund ‘protection and renewal’ activities on the National Road Network, there are some notable differences between the PPP schemes, and the M50 toll scheme and the Dublin Tunnel toll scheme,"

Traffic using the Port Tunnel in Dublin will see a €2 increase in tolls at peak hours — from €10 to €12 — and a 50c increase in off-peak hours from €3 to €3.50.

The expected tolling income for 2023 is approximately €208m

The spokesperson explained: "The revenues collected on the TII-operated toll schemes (i.e. M50 and Dublin Tunnel) are expected to contribute about 45% of the funds to TII’s Protection and Renewal budget for 2023."

The money raised will be used to fund: