Marylanders are expected to save a total of $46 million over five years as Gov. Hogan announces EZ Pass transponders are now free.
By Geoff Dempsey, Patch National Staff
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image from: patch.com |
ANNAPOLIS, MD — Governor Larry Hogan announced Wednesday that all new E-ZPass Maryland customers will not have to pay the $7.50 transponder fee, which is estimated to save Marylanders $46 million over the next five years. The decision follows a 2015 announcement when Hogan said there would be major toll rollbacks.
The free transponders themselves will save $6 million, while the discounts that transponder users get will account for the remaining $40 million in estimated savings.
"Today, we continue moving forward with a commitment to provide relief for Maryland taxpayers by putting an additional $46 million back into the pockets of hardworking middle class families, retirees, and small businesses - and back into our growing economy," Hogan said in a news release. "We have now cut taxes, tolls, and fees by over $1.2 billion in the last four years."
Customers with old transponders will also get new ones for free. If you've already bought a transponder in 2018, your account will be credited $7.50 as long as it is in good standing.
Read more: EZ Pass Maryland Transponders Are Now Free: Gov.
Related Article: How to Create a Linear Transponder using a RTL Dongle and HackRF with Gnu Radio.