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Optimum Cable TV is Raising Their Prices By Over $20 a Month

woman at table frustrated with billsDo you still have cable TV? Are you ready to pay more? If you have Optimum as your cable TV provider get ready to pay $20 a month more for cable TV. That means over the course of a year you will pay $240 more for your cable TV.

Update: Atlice the parent company of Optimum reached out to Cord Cutters News to say that they did raise their rate card but because of promotions and other discounts current customer’s price hike will be capped. Atlice declined to say exactly how the price hike for current customers would be capped. Atlice did supply this statement about the price hike. “Our recent rate adjustments reflect the rising cost of programming, which continues to impact pay-tv pricing industrywide. We continue to invest in our network and services to bring more value to our customers, including launching faster broadband speeds and making enhancements to our Altice One platform, and we offer a variety of broadband and video packages to meet all needs and budgets.”

Now if you want Optimum high-end Premiere plan you will need to pay $129.99 a month before taxes, fees, and device rentals. If you want the sports package that is going up from $10 a month to $15. The broadcast TV fees are going up from $7.49 to $9.99 a month for new and current customers. Regional sports network fees are going up from $8.97 to $10.47 a month.

Optimum is not alone in raising their fees. Spectrum was the first to alert customers of price changes in the most recent round of increases. Spectrum raised their prices in October, marking the third price hike within 12 months.

Comcast was next with a price increase mid-December. At that time, the broadcast TV price went up about $5/month, along with an increase on the basic TV package, and small increases on various fees that come with Comcast’s TV packages.

Dish sent a statement to Cord Cutters News, explaining that TV packages will go up by $5/month due to increased programming costs. Dish points to increases in regional sports network fees as the cause of the increase, which will go into effect in mid-January.

AT&T also named increased programming costs as the cause of their price hike when they explained the changes to customers on their website. According to their chart, TV packages will go up in price anywhere from $1-8/month, along with increases in fees associated with those packages.

Do you still have cable TV? Has your bill recently gone up? Leave us a comment and let us know how much it went up.

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