Last Saturday, Cord Cutters News broke the news that Comcast was going to be raising prices on TV and internet customers in December. Now Comcast has confirmed the price increase that will go into effect on December 18, 2019.
“Rising programming costs — most notably for broadcast TV and sports — continue to be the biggest factors driving price increases for all content distributors and their customers,” Comcast said in a statement sent to MediaPost. “While we absorb some of the increased programming costs, they have a significant impact on the cost of our services.”
With this price hike starting on December 18th, 2019, Comcast customers will see the fee on Broadcast TV go up from $10 a month to $14.95 a month. The Basic TV package will be increasing from $30 a month to $35 a month, and internet will be increasing on most plans $3 a month. (The one exception is Gigabit Pro, which will remain $299.95 a month.)
Comcast internet customers will also be seeing a price hike. Starting on the 18th of December, internet customers will see the cost of its modem and voice equipment increase by $1 a month to $14 a month. The good news is you can buy your own modem and not pay Comcast $14 a month or $168 a year for the privilege of renting their equipment. Other fees are also going up. The Returned Payment Fee will be increasing by $10 a month to $30.
The good news for cord cutters is that you will save more now than you did before this price hike. Yes, the price of most internet plans is going up by $3 a month, but that is less than the $4.95 a month price hike on broadcast TV alone.
The bad news for cable TV subscribers is your TV and internet bill is going up by as much as $13.99 a month. This will add up to $167.88 a year in extra costs for your Comcast TV plus internet package.
You can find the full break down of Comcast pricing that will take effect on December 18, 2019, HERE.
Will this price hike make you cut the cord? Leave us a comment and let us know what you think of Comcast’s plans.