It’s going to cost a little more to ride on the Triangle Expressway starting Jan. 1.
Drivers who pay with a N.C. Quick Pass or other transponders will pay 13 cents more, or $3.40, to cover the whole 17.4-mile route between N.C. 147 at Interstate 40 and the N.C. 55 Bypass. Other drivers who are billed by mail will pay 20 cents more, or $4.65 for the same trip.
The change represents a nearly 5 percent increase, on top of a 5 percent increase last January.
The Turnpike Authority Board approved a schedule of annual toll rate increases to pay off the bonds sold to finance the $1 billion highway. Tolls also pay for other expenses, such as repairs, signs, mowing and snow plowing.
The state plans to build two new interchanges on the Triangle Expressway. The first, at Old Holly Springs/Apex Road, south of U.S. 1, is scheduled to open in November 2016, while the second, at Morrsville Parkway in Cary, is scheduled to be completed in 2018.