Variable | SF Sets Precedent For Variable Rate Parking Meters
July 29, 2010 – 8:34 am
San Francisco is commencement to hurl out new parking meters with embedded sensors that will reinstate the aged silver and credit card meters. The Hayes Valley area will be the initial to obtain the new meters, followed
The $24.75 million travel plan will help ease overload and air wickedness
The Chronicle reports that “the town charges $2 to $3.50 an hour to playing field at a meter, depending on the neighborhood.” With the new non-static rates, prices can operation from $0.50 to $6 per day, with special eventuality rates going up to $18 formed on the economics idea of supply and demand.
San Francisco anticipates to gather more revenues from parking meters as a outcome of the new SFPark initiative, but reduction in parking fines and citations. A lot of the time boundary might be carried or lengthened with credit card systems and with multi-part methods for payment–credit and withdraw cards, coins, and town parking cards–it’d be simpler to pay for parking and not have to look for lax change.
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