Parking Meter

Source: f8 Imaging / Getty

The Washington Post reports the District is implementing the program in its Chinatown and Penn Quarter neighborhoods. The base price of $2 an hour will go as high as $8 an hour at peak times.

Sensors are being installed at parking spaces, and meters are being retrofitted to accept credit cards.

Officials say the goal is for prices to rise high enough to reduce demand and ensure at least one space is available at all times. City officials estimate 25 percent of traffic congestion is caused by people circling for parking.

Opponents say only the wealthy will be able to afford to park.

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