Uber has set the Weekday Surge Guarantees for the Week beginning July 18, 2016:
The rates are quite big, especially for Monday afternoon. Get those airport runs!
They go on to say, “On Thursday, you’ll receive information about this weekend’s rewards. Stay tuned!”
Yes, Uber we will…
These prices continue to show that Uber needs drivers at prime times (pun intended). After the May price reduction (rate cut), many drivers have stopped driving altogether. If these fare guarantees get drivers out on the road, it shows Uber that they definitely need to bring prices back up. At 90¢ a mile, a 1.2x Surge price gets you back up to where it was in April, (.9 x 1.2 = 1.08.. nearly the $1.10 that it was), although 1.3x is needed to increase the 15¢ back up to 20¢ a minute.
If we’re sure to drive only when there’s guaranteed surge, we can show Uber that we will only drive when the price is right.