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Cable and Satellite TV subscribers, be warned. Your monthly service is about to get a little more expensive.
An analysis of cable TV provider offerings in 2018 has revealed that no fewer than six of America’s largest TV providers have either already implemented, or are planning to implement, price hikes on their services within the coming months, according to BGR.
“Prices are set to rise in 2018 pretty much across the board,” the publication said, adding that most customers who’ve not already been affected, will be within the next three to six months.
Customers who’re locked into a “double play” or “triple play” package with their provider probably won’t be affected right off the bat — at least until their contract is on the cusp of expiring.
Which Cable Companies Are Raising Prices?
Below is a list of national TV providers that will be raising their prices, to what extent, and when we can expect the changes to take place:
• Comcast: TV prices will increase by an estimated 2.2% beginning this month.
• AT&T/DirecTV: TV prices will go up $8/plan, across the board, starting this month.
• Verizon: Verizon is currently finalizing its plans to increase rates this year, but none of the financials have been worked out yet.
• Charter: Most Charter plans, with few exceptions, will soon go up by an average of $10 per month.
• Dish Network: Most channel bundles will go up by $5 beginning this month.
• Cox: TV packages are increasing by as much as $10, and some internet plan prices are expected to jump as well, later in 2018.
Frustrating, to say the least. Remember to keep in mind that although the price of your cable TV service may be going up, there’s plenty of other options for those who yearn for quality content on the cheap.
You can try calling your provider once these price changes take affect, hoping that a little kicking and screaming will encourage them to renew your current plan at the current price for another year or two — though this is understandably a near-term solution, if you’re lucky to even get that far.
Another option would be to follow in the footsteps of millions of other Americans who’re straight up cutting the cord and never looking back. Digital streaming services like Netflix and Hulu are fantastic options for content lovers — and while they won’t provide the same “real-time” experience you’d get from cable TV, they definitely offer their own slate of perks — and are much less expensive.
To learn more about some great, alternative options to cable TV, be sure to check out our complete guide to cutting the cord.
Will you cancel your cable TV service when these price changes take affect? Let us know in the comments.