More cabs on the street will mean costlier prices for San Francisco taxi passengers.
Starting in 30 days, San Francisco taxi meter rates will increase by 50 cents a mile and 10 cents for every minute stuck in traffic. The starting cost of a taxi will also go up, from $3.10 to $3.50. Under the new rates, a three-mile cab ride with a three minute wait will go up from $10.75 to $12.85. They will be the first meter increases in San Francisco since 2003.
While that may be bad news for cab patrons, the hit to the wallet should be eased by the addition of nearly 90 cabs to San Francisco streets. Of those cabs, 35 will be full-time vehicles, free to operate at all hours during the week. Fifty of the cabs will be restricted to run between 40 and 60 hours a week, with most of the vehicles expected to be in service during peak travel times like the weekends and nights. Two more full-time cab permits were approved for clean-energy vehicles.
The addition of the 87 new cabs will mark a six percent increase to the existing fleet of 1,500 cars.
Both measures were approved on Tuesday by the San Francisco Municipal Transportation Agency’s board of directors.