Convert to ExpressToll to lock in toll rates for three years
December 27, 2017 — The time is now for License Plate Toll (LPT) users to convert to an ExpressToll account to lock in their rates on E-470 for up to three years. Last month, the E-470 Board of Directors unanimously voted to freeze toll rates for ExpressToll drivers on E-470 through 2020, pending annual board approval. This is the first time since the 47-mile user-financed roadway opened that tolls have been frozen. Existing and new ExpressToll account holders will also benefit from additional savings at Toll Plaza C (between I-70 & Pena Boulevard), where the toll is being reduced by $0.25 to align the toll pricing with demand in the area and to further ease congestion on the neighboring roadways.
Conversely, License Plate Toll (LPT) rates are being adjusted to cover the higher cost of collection for those type of transactions. The ExpressToll and LPT adjustments for E-470 will go into effect January 1, 2018. According to E-470 Executive Director Tim Stewart, the rate adjustment is about passing savings on to loyal customers. “We want to be proactive in ensuring that E-470 is providing maximum benefit to our customers. The toll rate freeze is an initiative from our Board and leadership to adjust toll rates to reflect local market conditions.”
E-470 is the 75-mph toll road running along the eastern perimeter of the Denver metropolitan area. E-470 is a user-financed roadway, receiving no local, state or federal funds for financing, construction, operations or maintenance. E-470 is a political sub-division of the state governed by the E-470 Public Highway Authority Board composed of eight local governments including Adams, Arapahoe and Douglas counties, and the municipalities of Aurora, Brighton, Commerce City, Parker and Thornton. E-470 also operates ExpressToll, the all-electronic toll collection system available on E-470, Northwest Parkway, and Colorado’s Express Lanes.
For more information on the benefits of ExpressToll or how to open an account, visit ExpressToll.com or call 303-537-3470.