Motorists will soon be hit with hefty charges
changes are off the table for now but , and owners are not yet safe from massive price hikes in months.
There were strong suggestions that a road pricing system capable of charging motorists for every trip they made was on its way within weeks.
Ex-Treasury chief of staff Adam Smith had admitted officials had begun preparatory work on a per-mile charge.
Motoring experts had looked into the feasibility of a 6p or even 15p per mile fee with FairFuelUK predicting an announcement was due at the end of October.
The Department for Transport is a welcome rest bite for now, but interestingly does not rule out a future rise later down the line.
Fuel duty prices could rise in the Autumn Budget
with an Express survey stressing that a whopping 86 percent of motorists wanted the scheme ditched.
After axing the for some pensioners it’s quite possible that Prime Minister Sir was against being accused of inflicting more pain onto cash-strapped individuals this Autumn.
However, motorists feeling confident they have avoided hefty price rises should think again, with hundreds set to be slapped onto bills.
Firstly, petrol and diesel owners are set to learn their fate with
It seems likely Labour could raise fees by 5p per litre, ditching the Conservatives’ temporary cut to help road users with the crisis in 2022.
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This would revert fees to the previous 57.95p per litre but would still see families impacted.
Filling up a 50-litre car after a 5p fuel duty rise would add £2.50 to every fill-up or around £130 over 12 months.
A 10p per litre rise has been suggested by FairFuelUK
Electric car owners are not out of the firing line either, with a double blow coming their way in the next six months.
Ofgem’s energy price cap is up 10 percent in October which every time or £134 a year in a major blow.
Electric car owners will pay around £134 under changes to the price cap
The DfT has also confirmed that EVs will pay Vehicle Excise Duty (VED) fees for the first time in April 2025. This although costs will be subject to increases with inflation next Spring.
Many drivers could also be caught out by the Expensive Car Supplement which adds a £400 fee to every model valued over £40,000.
Add all of this together and EV owners could be hit with a £724 price rise in a matter of months. Meanwhile, those with both an electric and combustion vehicle may have the double blow of a £984 increase.
Pay-per-mile may be gone. But motorist’s problems have seemingly only just begun.