The home internet service market is not a competitive one. In most parts of the country, consumers have to choose between a cable monopoly and a phone monopoly for high-speed internet plans. But even this limited competition can be used to get a better deal from these providers. If your local cable company offers you internet service at a particular rate, you can always call the phone company and see if they’ll give you a better deal if you switch to their service. A year later, you could try switching again to see if the cable company will beat the phone company’s rate.
To find a cheap internet plan, check the websites of companies that provide internet services in your area. Check what they offer new customers and see if you can negotiate a better deal for yourself.
Stick With The Current Provider
If you don’t want to leave your current internet provider, you could still try and negotiate a lower rate for yourself. Call the competitor, get a quote that beats your current plan, then call your current provider, and see if they can beat or at least match the competitor’s offer. Your internet provider’s retention department may try and sell other products to you or offer a lower price for slower internet speeds, but don’t settle. Remind of the offer their competition gave you and try and get them to beat it. Keep your last bill close by so you can refer to it. It would help if you studied it and understood what you’ve been paying for, including and monthly equipment fees.
Prepare For What’s Next
Soon, more competition is bound to arrive in your area. This is likely to be from the next-generation of wireless connectivity called 5G. It is expected to offer blazing fast connections that allow you to download HD quality movies in seconds theoretically. More competition means better pricing for the customers, which means you get to save money.
Until competitors arrive in your area, try and pit your phone company against your cable company to try and get the best deal from them. Do a little comparison research, and you could be on your way to get a high-speed cheap internet plan.