- A significant part of French motorways are managed by private concessions.
- They can raise prices every year, including inflation.
- In February 2019, they will be able to increase this increase due to the renovation plan towards the end of Quinquennant Holland.
A new blow for drivers. After the increase in fuel prices is coming
highways. As every year, in February the toll tariff will increase to move inflation. Nothing new under street lamps?
If, because prices rise more than usual, it is reported JDDEach seller can actually charge an additional fee of + 0.146% to + 0.22%. Why such an increase? Do companies decide on the price themselves? Twenty minutes come back to this topic.
Who is the owner of the highways?
The motorway network belongs to the state. But the latter has brought over 9,000 km (almost 12,000) to the licensing companies for the highways (SCA) since 2006: public authorities allow private companies (Vinci, Eiffage and Abertis) to build, operate and maintain networks for a limited period (from 25 up to 30 years). In return, SCA are rewarded with tolls.
Who decides about the price of tolls?
Price increase on February 1 each year. This increase is calculated in accordance with the formula included in agreements between highway enterprises and the state that takes into account inflation in particular. The order states that tolls must also take into account 'network structure, operating expenses and financial burdens'. Every year, the state evaluates and approves new tariffs proposed by companies.
Why will the rates increase more strongly in 2019?
In February 2019. The rates of fees will increase as per the year due to inflation. But this time dealers should add an additional fee of + 0.146% to + 0.22% depending on the sector. This new growth will be targeted, reports JDD, that drivers pay for the majority of the few
The 700 million euro investment plan for motorways launched at the end of the five-year period of François Hollande.
Why are these hikes criticized?
With regard to this investment plan, Arafer (Regulatory Authority for Rail and Road Transport) notes that these increases "exceed the fair level that would be justified for users" in the June 2017 notification.
SCA management has been widely criticized for several years. In 2013, the Court of Auditors published a critical report stating that "the balance of power seems more favorable to licensed companies" and condemns "tariff increases above inflation". In 2014, the Autorité de la concurrence considered the regulation of a "failing" state in this field and condemned the "exceptional profitability" of these concession companies. In 2016, the latter recorded a sharp increase in profits by 25.2% compared to 2015, reaching 2.8 billion euros and could pay dividends of 4,7 billion euros to shareholders (+ 41%).