Spölur

Spölur ehf. handles road toll collection on the new Hornafjarðarfljót bridge, which is designed to enhance safety and reduce travel time around South-East Iceland. This page provides information on pricing as well as calculating costs for various everyday commuter scenarios for the new road. This page is in development and is subject to change.

Price list
Vehicles under 3.5 tonnes
Single trip ISK per trip 1,500
2–5 trips per month ISK per trip 950
6–15 trips per month ISK per trip 750
Maximum monthly payment ISK per month 18,750
Vehicles between 3.5-7.5 tonnes
Single trip ISK per trip 2,100
2-5 trips per month ISK per trip 1,330
6–15 trips per month ISK per trip 1,050
Maximum monthly payment ISK per month 26,250
Vehicles above 7.5 tonnes
Single trip ISK per trip 4,500

Scenario 1

Inhabitant of Mýrar/Suðursveit commuting to Höfn daily for work or services

Criteria
Number of trips per month 45
Road toll 18,750 ISK
Toll per trip 417 ISK
Reduction in driven kilometres 630 km per month
Time saved 15 hours per month
Recouped through reduced vehicle operating costs 18,900–28,350 ISK
Result Up to 10,000 ISK saved per month (without factoring in time saved)

Scenario 2

Inhabitant of Mýrar/Suðursveit who travels to Höfn twice weekly

Criteria
Number of trips per month 10
Road toll 9,750 ISK
Toll per trip 975 ISK
Reduction in driven kilometres 140 km per month
Time saved 3.3 hours per month
Recouped through reduced vehicle operating costs 4,200–6,300 ISK
Result Increased costs of 3,400-5,500 ISK per month

Scenario 3

Inhabitant of Höfn who travels once a month to the capital region

Criteria
Number of trips per month 2
Road toll 2,625 ISK
Toll per trip 1,313 ISK
Reduction in driven kilometres 28 km per month
Time saved 40 minutes per month
Recouped through reduced vehicle operating costs 840–1,260 ISK
Result
Increased cost of 1,365-1,765 ISK per month

Scenario 4

40-tonne truck that crosses the bridge twice per week

Criteria
Number of trips per month 10
Road toll 45,000 ISK
Toll per trip 4,500 ISK
Reduction in driven kilometres 140 km per month
Time saved 3.3 hours per month
Recouped through reduced vehicle operating costs 38,500 ISK per month
Direct cost increase 6,500 ISK per month
Savings accounting for time saved 19,800 ISK per month
Result Total profit of around 13,300 ISK per month when accounting for time saved

Overview of scenarios

Road user Trips per month Reduction in driven kilometres Road toll Recouped through reduced vehicle operating costs Time saved Net effect
Inhabitant of Mýrar/Suðursveit who commutes daily to Höfn 45 630 km 18,750 ISK 18,900–28,350 ISK 15 hours Net gain 0-10,000 ISK
Inhabitant of Mýrar/Suðursveit who travels to Höfn twice per week 10 140 km 9,750 ISK 4,200–6,300 ISK 3.3 hours Net cost 3,400-5,500 ISK
Inhabitant of Höfn who travels once a month to the capital region 2 28 km 2,625 ISK 840–1,260 ISK 40 minutes Net cost 1,365-1,765 ISK
40-tonne truck that crosses the bridge twice per week 10 140 km 45,000 ISK 38,500 ISK 3.3 hours Net gain 13,300 ISK

* The road west of Höfn has been shortened 14 km.

** Vehicle operating costs are calculated based on operating costs of 30-45 ISK per km.

*** Net effect is based on reduced vehicle operation cost without factoring in time saved, unless stated otherwise.

Note: Vehicle weight refers to the weight of the vehicle as registered, not total weight while travelling.