TORONTO, Ont. – 407 ETR has launched a savings program for heavy vehicles that frequently use the highway.
The program reduces the Video Toll Charge and also provides toll rate reductions of up to 50% during night-time, weekend and off-peak hours.
Since the program encourages usage during off-peak hours, officials are hoping it will benefit truckers and improve peak-hour traffic flow for all customers.
“This is good news for truckers who frequently use 407 ETR and it offers real savings,” said Antonio de Santiago, president and CEO of 407 ETR. “Over 10,000 accounts, representing tens-of-thousands of trucks, will benefit from this savings program.”
Eligibility is based on the customer’s payment history, usage of the highway and use of a transponder on every trip.
By law, all vehicles with a gross weight or registered gross weight of over 5,000 kg must use a properly mounted heavy vehicle transponder. Using these criteria, heavy vehicle customers may qualify for one of three tiers in the program.
Tier 1 entitles drivers to 50% off night-time and weekend toll rates, 25% off off-peak toll rates and waived Video Toll Charges. Tier 2 entitles drivers to 25% off night-time and weekend toll rates 10% off off-peak toll rates and 70% reduction on Video Toll Charges. Tier 3 entitles drivers to a 70% reduction on Video Toll Charges.
Customers in the top two tiers were sent notification of the program in June so they could take immediate advantage of the program which started on July 1. Customers will see their specific savings on each monthly bill.
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