The Monthly Transponder Lease Fee will be $3.55. The Monthly Video Account Fee will be $3.55. The Video Toll Charge for light vehicle customers without a transponder will be $4.00.
Best answer for this question, is the 407 ever free? Originally the 407 was to pay for itself and become a free public highway in approximately 30 years. The Tory government passed a law allowing the government to sell it off. The conditions of the sale allow the new owners to set whatever toll rates it wants for the next 99 years.
Also, how does the 407 toll work? Our electronic tolling system is based on highly-advanced military technology and uses precision equipment aligned with lasers to read a transponder signal and/or take images of a licence plate – even at vehicle speeds greater than 200 km/h.
Additionally, is a 407 transponder worth it? Yes, regular users of 407 ETR can definitely save money. Transponder users save the Camera Charge per trip. So, if you plan to make more than three round trips per year, a transponder will save you money. You can save another 48.3% by paying your transponder lease annually instead of monthly!
Subsequently, how much does a 407 transponder save you? Leasing a transponder annually provides a savings of almost 50% over paying monthly. Where a driver makes more than six trips a year the transponder is paid for by avoiding the $4.20 per trip camera charge.
How long does it take to get 407 bill?
You will receive your statement for review approximately 10 days in advance of any payment being processed.
How do I get my 407 bill?
- From the Overview page, click on your recent statement under ‘Recent Activities’.
- From the Statement Detail page you can view an html version of your bill.
- Click the Download Statement button to get a PDF or CSV of your bill.
What is the difference between 407 and 407 ETR?
The Government of Ontario sets and regulates tolls and fees on Highways 407, 412 and 418. 407 ETR establishes the tolls and fees for Highway 407 ETR. Your 407 ETR transponder is valid on any toll highway in Ontario – including Highway 407, Highway 412, Highway 418 and 407 ETR.
Can I go on 407 without a transponder?
If you choose to use Highway 407 without a transponder, you will be subject to a Camera Charge plus tolls per trip. You may also be stopped by the Ontario Provincial Police and/or Ministry of Transportation Enforcement Officers and be fined.
Who owns the Highway 407?
The Company is owned by indirectly owned subsidiaries of Canada Pension Plan Investment Board (total 50.01%), also known as CPP Investments; Cintra Global S.E., a wholly owned subsidiary of Ferrovial S. A. (43.23%); and SNC-Lavalin (6.76%).
How do I check my 407 bill without an account?
If you don’t know your account number or have not yet received a bill, simply enter your licence plate and province/state and click Continue.
Who owns highway 412 Ontario?
Although connected to the existing 407 ETR, Highways 407, 412 and 418 are separate entities owned and controlled by the Province of Ontario. The Province retains revenues from collected tolls, sets the toll rates, and establishes customer service standards.
Does the 407 go to the 115?
The Ontario government has announced the final stretch of Highway 407 — connecting the 407 to Highway 35/115 — and Highway 418 will be open to drivers beginning Monday, December 9th. The Highway 7 East project, a toll road owned by the Ontario government, was originally scheduled to be completed in 2020.
Why do we pay for the 407?
407 ETR – Saving you time and money Using less fuel also reduces the environmental impact of driving. The safety of 407 ETR is frequently noted as one of the main reasons our customers enjoy using the highway and we do our utmost to maintain our excellent safety record.
Why do you pay for the 407?
Licence Plate Denial Collection This “buy now and pay later” system of payment of 407 Charges was purposely chosen by the Ontario Government to improve traffic flow and to reduce congestion, land use and pollution.
How does express toll work?
Express lanes use FasTrak for the electronic collection of tolls. Overhead electronic pricing signs display the toll rate to use the express lanes to specific destinations. … Only a valid FasTrak account and a properly mounted and set toll tag are required to use the express lanes. The toll system is fully electronic.
How can I pay my 407 bill without a transponder?
- Through pre-authorized payments.
- Through your financial institution’s online banking, telephone banking, or at the teller using your 407 account number.
- By cheque.
- By telephone.
- In person at 407 ETR’s Customer Service Centre.
Can I use someone else 407 transponder?
We encourage all our customers to not share transponders between vehicles. … 407 ETR customers who share transponders between vehicles will be responsible for any charges, including Camera Charges, that can result from moving around the transponder.
How much does it cost for a transponder?
How much do FasTrak transponders cost? The transponders cost about $40—though luckily that amount can be used as a credit for your tolls—and they must be registered via the ExpressLanes website.
Is the 407 the most expensive toll road?
The 407’s mission is unblinking: to charge the most lucrative toll rates possible. The highway’s fees are among the world’s highest. Driving 100 km’s on the 407 costs $54 during the evening rush hour. It’s even more expensive if you don’t have a transponder.