San Francisco Parking Meters To Adjust Prices Based On Demand

In order to help control the parking situation in San Francisco, the city is set to install smart parking meters that will lower or raise their prices depending on demand.

It’s a two-year experiment called SFpark, and the prices are going to range from the reasonable 25c to the I-should-have-just-taken-a-cab $US6.

Fortunately, you won’t come upon a meter as it changes from $US1 to $US4; the prices will only change once a month or less, and even then only by 50c at a time.

Will it help make parking a little more sane in SF? Time will tell. [SFpark via Gadget Lab]