The Department of Transportation announced that the cost of EZ pass transponders will drop by more than half starting in April. The transponders will soon cost $8.90 cents, down from $20.95.
DoT Spokesman Bill Boynton says the drop in price will not only help new EZ pass users, but anyone needing to replace a transponder as well.
"We’re looking in the not-to-distant future at having to start to replace some of the original transponders which were distributed in 2005, with the battery life that was seven or eight years," Boynton says.
The DoT says lower costs were due an aggressive bidding process among manufacturers.
The EZ-Pass system is used in 14 states in the Northeast and Midwest, and is being considered by Florida.