Overview

• ART said final approval of the new unitary tariff method will come in the next few weeks, with a general drop in motorway tolls taking effect on January 1, 2026, though the size will vary by concession and no precise estimates are available.
• The methodology applies to both new and existing concessions, tying tolls to actual investments while recalibrating WACC and capital remuneration and setting an annual price-cap that is likely below 1%.
• Regulators cautioned that the most tangible effects will emerge with financial plan renewals, with the real impact expected between 2027 and 2028.
• Consultations are underway on rules granting users refunds when works restrict road use and on stronger transparency obligations for travel information and toll calculation.
• In rail, ART extended the derogation allowing regional commuter trains on the Rome–Florence high-speed line through 2026 and partly into 2027, while RFI already advanced a 30% freight rail toll cut to July 1, 2025.