Recently Spectrum started to notify customers that it will be raising the price of this TV, Internet, and Phone services. You will also see fees for things like Broadcast TV going up also. The good news is Spectrum is adding an auto-pay discount that will let you keep your current price if you act fast.
Spectrum says these TV price hikes are because of “rising programming fees charged by TV networks we carry, their increases will be passed through to our customers.” For internet customers’ Spectrum says the price hike is because of “rising costs have impacted our pricing.”
You will also see the price of the broadcast TV fee going up $1 a month to $23.20. (Broadcast TV fees are different in each area.)
Voice services from Spectrum will be going up $5 a month, and internet services will also be going up $5 a month.
Spectrum says these prices will take effect on your next billing date after August 9th, 2023. So make sure to look at recent statements from Spectrum to see if you are being hit by this price hike. If you are on a promotional price for your Spectrum plan, you will keep your current price until that promotional offer ends.
The good news is hidden at the bottom of the news and information section of the notice to subscribers about a new $5 auto pay discount. If you set up auto pay, you can keep your current Spectrum internet price, but you need to act fast or your next bill will e going up.
In the notice to customers, Spectrum says, “As a valued Spectrum Internet customer enrolled in Auto Pay, you will receive a discount of $5.00 per month. As a result, there will be no impact to your Internet pricing.”
Update: Spectrum has confirmed to Cord Cutters News that any customer on the Spectrum Internet plan or faster will get a $5 auto pay discount, helping them keep their current price.
Spectrum joins a growing number of TV providers that have raised their prices this year, including DIRECTV and Comcast’s Xfinity TV. As networks ask for more money, cable TV companies are passing the costs along to their subscribers.
Earlier this year, Comcast raised the price of its Broadcast TV fee to $31.25 a month on top of the advertised price. Not only that, but you will also find in many areas a $9.10 RSN fee.
Price hikes on cable TV networks have recently seemed to be almost a yearly occurrence.