The City of London Corporation is introducing new charges for on-street parking in the City—a city and county that contains the historic center and the primary central business district (CBD) of London, and known colloquially as the “Square Mile”—starting 20 August 2018. . . .
The initiative aims to incentivize motorists to make more environmentally friendly choices and improve air quality across the Square Mile by reducing NOx and particulates.
RingGo’s Emissions Based Parking product will automatically assess the type of vehicle being parked and charge tariffs based on the level of pollution emitted by the vehicle. Although the product is being used elsewhere in London, the City Corporation is the first to offer a range of charges dependent on the vehicle’s fuel type.
The following tariff bands will operate on weekdays from 8am to 7pm when air quality is at its worst:
Type of vehicle Cost/15 mins Cost/hour
Low emission (EV, hybrid) £1.00 £4.00
Gasoline from 2005 on £1.30 £5.20
Diesel from 2015 on £1.30 £5.20
Other £1.70 £6.80
The RingGo app is a cashless parking solution. Motorists still choosing to use cash at a machine, rather than paying with RingGo, will pay the highest rate. . . .
