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.
Sign Up and Save
Get six months of free digital access to The News & Observer
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.