By John Wagner, The Washington PostThe price of a ride on a taxi in DC is set to skyrocket.
Drivers are paying a whopping $500 for a ride, according to the ride-hailing app Uber, with most drivers only earning $40 an hour.
The new fee is one of many that have come into effect since the city started regulating ride-sharing companies last week.
Washington Mayor Muriel Bowser (D) announced the new fare in a statement Friday, saying that the new rule will help make DC a safer place for all drivers.
“We have a lot of drivers that are struggling to make ends meet,” Bowser said.
Bowser’s office did not provide details about the new ride-fee, but Uber’s drivers will now have to pay an additional $50 to cover the cost of their UberX service. “
I want to thank Uber for their support and for working with me to make this change happen.”
Bowser’s office did not provide details about the new ride-fee, but Uber’s drivers will now have to pay an additional $50 to cover the cost of their UberX service.
Uber is the only ride-share service that can offer unlimited trips, as long as they’re not used for more than 24 hours a week.
The app’s drivers are paid a flat hourly rate, with an hourly minimum of $10 per hour.
Bowsar’s announcement came days after Uber announced a new fare of $1 per minute for UberX and Lyft, which will start charging drivers $1 a minute for rides within the city limits.
UberX drivers, which are licensed drivers, are exempt from the ride charge.
The company also said it will start requiring drivers to have a valid driver’s license.
Buses and other ridesharing services also have been subject to the new fees, with the new rules applying to any Uber or Lyft driver who travels within the District.
Uber and Lyft did not immediately respond to a request for comment.
Uber’s new pricing plan is a direct response to the city’s new taxi regulation, which allows the companies to operate in the city for up to 30 days.
Uber has said it would not expand in the District in the near future, but it has said the ride share companies are looking to expand their business there.
Bets on ride-shares are set to drop in the coming weeks.
The Washington Taxi Alliance said it expects ride-service companies to make a profit on their current business model, which relies heavily on drivers.
Uber and Lyft are expected to report results next week.