2024 is already taking its toll.
Toll charges on multiple
Irish roads, including the M50, are set to increase from New Year's Day 2024.
The rising tolls will include the M50 as well as eight national roads and the Dublin Tunnel from January 1.
Most car tolls will increase by 20c per journey, with heavy good vehicles tolls raising by 30-50c per journey.
On the M50, a tagged car driver will see their toll increase 20c from €2.30 to €2.50.
The Dublin Port Tunnel are increasing tolls by as much as €2 during peak hours to manage traffic.
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(Rolling News)[/caption]
Toll roads across Ireland raising prices in 2024
TII said it was basing the increase on the annual rate of inflation that was recorded at the end of August – which it put at 6.3%.
In a statement to JOE, a spokesperson for TII commented on the increase in tolls, saying that their duty is "to secure the provision of a safe and efficient network of national roads."
They continued:
"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."
They also added that the expected tolling income for 2023 is approximately €208 million, which is set to contribute towards, M50 motorway operations & maintenance, motorway maintenance and renewal contracts, tolling operations, tunnel operations and renewal, as well as various asset management, maintenance schemes and road safety and improvement schemes.
A full list of specific price increases can be found on the TII website
here.
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