More costs for the motorist are coming in 2024. Road tolls across the country will increase from the 1st of January 2024. Rates vary but we will see about 20c increases for most cars and between 30% to 50% for Heavy Goods Vehicles.
CPI inflation figures for August 2022 to August 2023 showed a rate of 6.3%. Toll rates will now increase across the eight PPP and two TII toll roads on the National Road Network from the 1st of January 2024.
Traffic volumes through the Port Tunnel in Dublin have returned to high volumes and charges will be increased there in a hope that it will create more capacity for Heavy Goods Vehicles accessing Dublin Port.
The Bye Laws outline the calculation method for toll rates. The Bye Laws also contain provisions to prevent toll operators from charging toll rates which are higher than a specific level of inflation which is defined as a ‘maximum toll’ for each vehicle class. There was a long period of time that tolls didn’t increase in line with inflation so it was only a matter of time.
In a statement, Transport Infrastructure Ireland (TII) said that “the Exchequer grant for 2024 is not expected to increase (i.e. it will remain at €254 million) while the tolling income is expected to increase to approximately €240 million, which in effect will mean that operations, renewal and improvement activities are therefore almost evenly funded by equal amounts of toll income and Exchequer funding.
Although costs to the motorists are increasing, you can at least save 3c per litre off your fuel at participating Circle K garages. All you have to do is download the AA app to get your discount code. Just scan that code at the counter. You can download the app here.
You can read about all the details on ToII’s website here (https://www.tii.ie/news/press-releases/toll-charges-from-1st-jan-1/)
