Yes New year, New fares.
Image from Transport for London
This is a follow up from my previous article relating to the 2015 TFL fares.
From 30th December 2014, TFL have issued the press release on the new fares.
From 30th December 2014, TFL have issued the press release on the new fares.
· Customers will be able to buy tickets, including Travelcards, at 2014 prices until 1 January· Pay as you go daily caps cut to provide more affordable travel for flexible and part time workers· Savings of up to £600 per year for customers using pay as you go· Overall fares for 2015 frozen in real terms· Travelcard season tickets used by over one million customers to increase by less than inflation and real term cut in bus fares· Barclays Cycle Hire charge structure simplified to £2 per 30 minutes after the initial free period
Transport for London (TfL) is reminding customers that new fares for 2015 will come into effect on Friday 2 January. Overall, TfL fares will be frozen in real terms, with an average increase of 2.5 per cent. Customers are able to purchase tickets, including Travelcards, at 2014 prices until 1 January.The Mayor of London, Boris Johnson, has overhauled TfL fares for 2015 to give flexible and part-time workers with unpredictable hours access to lower fares. London's workforce has changed, with many people working part time or flexible working patterns, meaning they do not know how many days or hours they will work each week.To address this, and deliver on a commitment to the London Assembly, the Mayor is cutting pay as you go daily caps dramatically so they become one fifth of the cost of a 7 Day Travelcard.2015 changes to daily cap
The 2015 fares see a major simplification of the daily caps, which will bring the cost of daily travel in line with weekly travel and will result in a reduction of fares for nearly 12 per cent of pay as you go users. The all day cap for Zones 1-2 will be cut by £2.00 from £8.40 to £6.40; and for Zones 1-6 by over £4.00 from £15.80 to £11.70. The maximum savings for flexible workers using pay as you go will be considerable, ranging from £200 to over £600 per year. A customer travelling three days a week between Zones 1-5 in 2015 will pay a maximum of £10.90 a day, rather than the current maximum of £15.80, saving £4.90 a day, or £14.70 a week. Over a year (for example 45 weeks) the savings are over £600 a year.Off-peak cap
The adult off-peak cap from Zones 4, 5 and 6 to Zone 1 is being discontinued and customers will pay the new daily cap. This will affect about two per cent of approximately 1.5m pay as you go customers on a typical day. It is estimated that over 85 per cent of people travelling off-peak in these zones will only pay more for their travel once a week.These customers will still be able to benefit from off peak single fares, which will now also apply to National Rail journeys into central London during the evening peak, as they do for London Underground journeys already. Customers could also save money by using a National Railcard. More information can be found here:http://www.railcard.co.ukBuses and trams
Overall, bus and tram fares will increase below RPI (2.3 per cent). The pay as you go single bus and tram fares will increase by 5p to £1.50 but the daily 'bus & tram travel only' cap will be frozen at £4.40. The 7 Day Bus & Tram Pass will increase by 80p to £21.00.London Underground
On London Underground, most pay as you go single fares will increase by 10p but all off peak single fares outside Zone 1 will be frozen. Cash single fares, which now make up just one per cent of daily journeys, will increase by 10p, except for zones 1-6 which will increase by 30p to £6.00. No Travelcard season ticket will increase by more than 2.5 per cent and the average increase is 2.3 per cent.Paper One Day Travelcard
•The Anytime 1-2 Day Travelcard (£9.00) will be discontinued;
•The Anytime 1-4 Day Travelcard will increase from £11.40 to £12.00;
•The off peak 1-6 Day Travelcard, bought primarily by occasional users, will increase from £8.90 to £12.00;
•The Anytime 1-6 Day Travelcard will be frozen in price at £17.00.Concessionary travel
Zip Oyster photocard concessions will all be maintained with no change. All under 11s accompanied by an adult will continue to travel for free on TfL services - currently benefiting 15,000 young people a day. TfL has invested in creating an online process for applying for concessionary photocards to make it easier and quicker for customers. Each of these photocards are now valid for longer, with the 16+ cards valid for two years rather than one, the 18+ cards up to three years rather than one and the 60+ cards for six years rather than one year when they were launched in 2012. To recover the costs of creating the online process, the application fee for the 16+, 18+ and 60+ Oyster concession photocard will increase from £10 to £20 from 1 June 2015. The charge for the under 16 card will increase from £10 to £15. These application fees have not been increased since 2011.
Barclays Cycle Hire
From 2 January there will be changes to the hire charge structure for Barclays Cycle Hire. It will be simplified to a flat £2 per 30 minutes after the initial free 30 minute period. The £2 daily bike access and £90 yearly membership will remain unchanged. The vast majority of Cycle Hire trips will be unaffected by the change - 97 per cent of member journeys and 76 per cent of casual hires fall within the free 30 minute period, to which there will be no changes.
Checking at the notes section of the article, it mentions
TfL does not make a profit from fares - every penny is invested in
delivering and improving transport. As well as meeting the needs of the modern
London workforce this fares package will ensure that the unprecedented
investment in London's transport network will continue;
Well the profits go to private companies that operate TfL
services like KeolisAmey Docklands Ltd, which operates the Docklands Light
Railway services, London Overground Rail Operations Limited (Arriva UK
Trains/MTR) which operates the London Overground services, Tram Operations
Limited (part of First Group) which operates the Tramlink services in Croydon
and 14 Bus companies which operates bus services under tender for London Buses.
A good news for bus users, you can get a One Day Bus and
Tram pass for £5 as it’s been reinstated by TFL because London Transport Bus
Services went cash free on 7th July 2014.
You can see the new fare structure on this link.
So feel free to have your say below the article if you think
the fare rises is unfair or reasonable. Don’t forget to follow me on Twitter,
Tumblr and Pinterest which is @CLondoner92.
Also from CLondoner92 website, Happy New Year.