Many cable companies are offering a “bundle” of internet, T.V, and telephone service for a single monthly fee. Because these are the most lucrative, they generally try to push them. For instance, when you join a two-year contract with Verizon, you can get TV, phone, and internet for $89.99 per month for the first year.
Each of those offerings would cost approximately $165 if purchased separately: FiOS cable costs $64.99, digital voice costs $49.99, and FiOS internet costs $49.99.
It may be a decent bargain if you are using all of the offerings, but if you don’t, you could be better off getting each provider independently or bundling with only two services. There are different TV internet bundles available, you can quickly check search engines for optimized results.
Below are 5 sneaky ways cable companies get you to spend more:
1. They will allow you to record your favorite shows.
Yes, having access to a digital video recorder (DVR) is a great way to ensure that you never miss your favorite tv shows, but there is a cost associated with this provider.
To get cable, you’ll need to rent a set-top box, which will allow you to watch digital channels, offer additional channel listings, program information, and search tools, among other things. You can upgrade to a DVR service for an additional $13-$20 per month.
2. You’re being charged for channels you’re not watching.
You get multiple channels with cable services, but you don’t necessarily enjoy them all. In fact, according to Nielsen, the typical American sees only 17 channels. They allow you to pay for multiple channels you are not using and put a premium price on your favorite channels.
3. You will be charged more for the channels that you want to watch.
You’ll most likely end up paying extra for premium channels like HBO, ESPN, as well as the other networks you would like to view, in addition to getting extra channels you do not even watch. This can add $10-$20 to your monthly bill.
Rather, some cable providers, such as Optimum, provide a list of premium channels from which you can choose and add to even the most basic plans.
4. They charge fees to keep their equipment and facilities in good working order.
Cable companies demand that you pay for services that they must maintain. It aids the cable company in recouping costs associated with maintaining outside electrical lines, underground passageways, telephone poles, and other required facilities as classified on Verizon’s Explanation of Taxes, Fees, as well as other Expenses on Your Bill.
5. Their fees are being passed on to you.
Cable providers can ask you to contribute to their fee for transmitting PEG channels (public, academic, and government channels) on their system. The PEG fee varies with location and is used to fund public education programs.
The FCC says it costs a personal cable television corporation a franchise fee to use public land. This fee is usually passed on to you by the cable company, adding a few dollars to your monthly bill
Above are a couple of sneaky ways telecom companies get subscribers to spend more. Construct and plan the way you want to subscribe before subscribing so as to save extra money.