Registry News!…
The MassDOT Board of Directors recently voted to approve rates for 16
gantry locations under the new All Electronic Tolling (AET) program
which is scheduled to “go live” on October 28, 2016.
…
Highlights Include:
The new gantry rates will lead to a $7.1 million decrease in revenue. However, this revenue decrease will be absorbed into the $20 million per year savings realized when the Western Turnpike bonds are paid off in
January 2017, and the approximately $5 million annual cost savings associated with AET. With the gantry rate pricing structure, all vehicles with an E-ZPassMA transponder will receive a discount.
With the gantry rate pricing structure, all vehicles with an E-ZPassMA transponder will receive a discount.Vehicles with no transponder will be mailed invoices. Under the gantry pricing, some travel on I-90 in the
area of Springfield and Worcester will be free if drivers enter and exit the road between gantries.
EZpassMA transponders are available free of charge and the MassDOT website has several steps for drivers to follow to obtain a transponder in five to seven days:
www.mass.gov/ezpassma.com.
or www.massrmv.com
MassDOT anticipates that the AET system will “go live” in the evening of Friday, October 28, and that the next day, on Saturday, October 29, demolition of existing toll plazas will begin.
Read the full article via the Massachusetts Registry on our facebook page:
https://www.facebook.com/moynihanins/
Have a great week from Moynihan Insurance Agency, Inc.
