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Friday, September 20, 2024

SLEX, MCX set to raise rates starting Nov. 3—toll board

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THE operators of  South Luzon Expressway (SLEX) and the Muntinlupa–Cavite Expressway (MCX) will implement a toll hike starting November 3, according to the Toll Regulatory Board (TRB).

SMC SLEX Inc. notified the TRB that they will charge motorists traveling from Alabang to Calamba an additional P10 for Class 1, P20 for Class 2 and P30 for Class 3  vehicles starting November 3.

Those travelling from Calamba to Sto. Tomas, Batangas will pay additional P4, P6, and P8 for Class 1, Class 2, and Class 3, respectively.

The TRB authorized last September 12   the collection of the provisional toll rate adjustments for the South Luzon Expressway (SLEX) pursuant to the Petitions for Approval of Periodic Toll Rate Adjustments for 2012 and 2014.

This is the 1st periodic toll rate adjustment for SLEX since 2011.

Nonetheless, to protect the general welfare, curb existing inflationary effects, and mitigate the impact of the toll rate adjustments, the TRB ordered  that the hikes be implemented in two tranches.

The first  tranche takes effect this year, and the second tranche next year.

The TRB also granted provisional toll rate adjustments for MCX pursuant to the Petitions for Approval of Periodic Toll Rate Adjustments for 2018 and 2020 filed by Ayala Corporation.

The TRB however directed that the provisional toll rate adjustments should be implemented on a staggered basis to curb the existing inflationary situation and minimize the impact thereof to the tollway users

The first tranche go into effect this year and the second tranche, next year.

For class one, the motorists will be charged an additional P1 from the current toll of P17, while for Class 2 the increase will be P2 from the current toll of P37.

For Class 3, the MCX will impose a P3 increase from the current toll of P55.

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