Congestion Charge (1)

Meeting: 
MQT on 2014-01-29
Session date: 
January 29, 2014
Reference: 
2014/0142
Question By: 
Stephen Knight
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

How much additional revenue would be raised from the congestion charge in 2014/15 if the daily charge were raised from £10 to £11.50?

Answer

Answer for Congestion Charge (1)

Answer for Congestion Charge (1)

Answered By: 
The Mayor

The proposal to increase the daily Congestion Charge is subject to a public consultation which closes on 14 March 2014 and is one of a number of changes being considered: https://consultations.tfl.gov.uk/roads/cc-changes.

Since 2011 the daily Congestion Charge has remained at £10 (£9 if paid using CC Auto Pay or £12 if paid the next charging day) with the cost of the charge falling in real terms over this period. 

TfL estimates that the proposed increases will generate an additional £17.9m of net income in the next financial year.  This figure incorporates the estimated increase across all daily charge payments, not just the standard £10 charge.  It should be noted that less than a quarter of drivers who are eligible to pay the Congestion Charge do so at the standard daily rate; the majority of drivers paying to use the zone have accounts with TfL and therefore qualify for one of the many discounts which are available.