Foot passengers using the Isle of Wight’s Floating Bridge will be charged £1 for a return crossing from 1 June, but a discount will be applied to those who have a new ‘saver card’.
There will also be a charge for people who hold a bus pass. All foot passengers aged over 18 will be charged £1 to use the chain ferry that links Cowes and East Cowes. However, as Isle of Wight Radio reported last year, the original proposal was to charge pedestrians a top return price of 70p, with a reduction to 40p when saver cards were introduced. The profit-making service turned over an “assumed” £100,000 during 2015/16, according to the Isle of Wight Council. By April 2016, turnover had reached an “assumed” £120,710.64. Staff costs total £74,268.15, leaving a profit of £46,442.49. The authority says:
“It is…anticipated that staff costs will reduce upon the introduction of integrated ticketing solution.”
Passengers holding a new pre-loaded ‘saver card’, similar to London’s Oyster Card, will receive a 30% discount on each return trip. Saver Cards will be available from 18 May and will cost an initial £2 to buy. They will also need to be registered online. Vehicle fares will not change, however there are plans to introduce a saver card for vehicles that will reduce the crossing price.