E-470 Toll Road - Tolls have Decreased

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

E-470 Board of Directors approved a toll rate reduction to begin in 2022.

 

2020 had fewer cars traveling this highway, 2021 saw a significant return of traffic, and with the ongoing pandemic, it was voted unanimously to approve a new toll rate policy and lower rates at all mainline tolling points over the next three years to help continue moving more people in the Denver-metro area.

 

Starting January 1, 2022, E-470 customers will see a $.05 decrease at all tolling points and a $.10 decrease at Toll Plaza A-one of the busiest tolling points to the South in Douglas County.   Customers will expect to see another $.05 and $.10 reduction in 2023 and in 2024 beginning January of each year after review and approval from the Board.

 

The debt incurred with this toll road is scheduled to be paid off in 2041.  Currently, $.041 of every toll dollar is going toward paying down that debt, while the rest is going to operations, maintenance, and roadway improvement projects with $.21 set aside to prepare for future programs and road enhancements.

 

Good news for those of us traveling on the East side of the Denver metro area.   This is the most efficient highway, as we can travel 75 miles per hour.

 

Comments (28)

Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

You don't find many decreases lately, it all seems to be inflation so this is a nice change.  Hope that you have a wonderful Monday!

Dec 06, 2021 08:47 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, it would be nice if they ALL approved a decrease!  

Dec 06, 2021 08:49 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Pat Champion I almost fell off my chair this morning when I got the email!   Wish yours would do the same!

Dec 06, 2021 08:50 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Norma J. Elkins it is a nice change, as everything else is increasing so fast.  You have a wonderful Monday as well.

Dec 06, 2021 08:51 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I'm sorry Joan, I had read that twice that tolls have decreased. That just doesn't seem to happen in our country 🙂

Dec 06, 2021 09:16 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is good information to share with area residents.

Have a great day and a productive week.

Dec 06, 2021 09:21 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul S. Henderson, REALTOR®, CRS I KNOW, that is why I had to post this!   Very unusual to see prices coming DOWN!

Dec 06, 2021 09:32 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Roy.

Dec 06, 2021 09:32 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Joan Cox - WOW!  This is really something.  I have never seen a toll road with a reduction in fees.  I am glad you are covering this for your clients.  Happy Monday!

Dec 06, 2021 05:02 PM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Joan- when you have to travel these toll roads on a daily basis for work, they can add up!!! Glad your area is trying to help your community. 

Dec 06, 2021 06:53 PM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Joan - as Paul S. Henderson, REALTOR®, CRS commented, your post title does seem to be a rare, if not extraordinary, experience.  

Dec 07, 2021 04:04 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I don't think we have any toll roads where I live and I definitely try to avoid them when I go out of state, haha.

Dec 07, 2021 05:22 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sheri, that is exactly why I did this post --- who is decreasing fees right now???

Dec 07, 2021 05:39 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kathy, It sure was a breath of fresh air! 

Dec 07, 2021 05:40 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, you are right -- extraordinary in today's times!

Dec 07, 2021 05:41 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Brian, I try to avoid this highway too, as why pay for driving when you don't HAVE to, but does save time in many cases.

Dec 07, 2021 05:41 AM
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

I used to work for Morrison Knudsen Company that built E-470.  I am blessed to have traveled this big blue marble called Earth since I was an embryo and hope to see a lot more of it still.

Dec 08, 2021 10:01 AM
Peter Mohylsky. Broker -BRIX REALTY
Miramar Beach, Florida - Santa Rosa Beach, FL
BRIX REALTY -DESTIN

Tolls going down.  I have never heard that.  Interesting, very interesting

Dec 08, 2021 03:58 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jim Paulson that is very cool!    I travel it often! 

Dec 08, 2021 04:32 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Peter, sure don't see decreases, especially right now, so quite nice.

Dec 08, 2021 04:32 PM