Internet has quickly turned into a must-have piece of technology and having a blazing fast internet connection can cost you a lot. The need for a good connection at home has become even more essential than ever with growing work from culture. Unfortunately, a good internet connection doesn’t come cheap, while we can’t help you to diminish your bill completely, we can however help you save money. Here are some of the best ways to lower their internet bill without making huge sacrifices.
1. Buy Instead of Rent
One of the most obvious way to save money on internet is by buying your equipment instead of renting. While internet providers don’t advertise it, but most of them will allow you to buy your own equipment instead of renting it from them. Renting a modem/router often costs around $10-$15/mo. That adds up to $180/yr. buying your own equipment can help you save around $200 per year based on your internet provider. A normal router costs around $50-$100, even if you cut out the extra costs, you can still save more than $100 per year.
2. Bundle Your Internet Service
If you have a cable service along with internet service, you should plan to bundle them together to save money. Bundling an internet and TV service can save you somewhere between $5 and $40/mo. Saving this much amount can make a huge difference while you are thinking for reducing internet bill.
If you wish to save even more money each month, then you can reduce your cable TV service to a more basic package. You can even dump your internet service altogether for a streaming service like Netflix, Hulu, or Amazon Prime Video. Cable TV can be extremely expensive and there may be more opportunities to save money on internet bills by cutting down your Cable TV service.
3. Determine Your Ideal Required Speed
Most consumers end up paying extra because they don’t actually know how much speed they actually need for their homes. One of the best ways to save money on internet bill is by knowing your ideal internet speed. It can be easy to think you need faster speeds than you actually do when internet providers offer speeds up to 1 GBPS. In reality, limited households need speeds over 200 Mbps and most can survive under 100 Mbps. If you are working from home then any speed over 100 Mbps will suit you perfectly. If you think you can manage with a slower internet connection, you can downgrade your speed to save money on your internet bill.
4. Look Into Switching Providers
If your internet bill is going out of control even after doing every possible thing to cut down internet costs then you need to switch internet providers. While it may sound like a tough task, switching internet providers can potentially save you a lot of money.
The best part is that you can get promotional rates for the first 12 or 18 months with your new internet provider. You also may be able to find an internet service provider that offers lower rates by signing up for a long-term. You can save money on internet bill by doing all of these:
- Ordering Online: Most providers offer discounts or waive off certain fees, such as the internet installation cost, or activation fee when you order your services online.
- Switching To Fiber Internet: If fiber optic internet is available in your area, then you can get less speeds than you are getting now and still work smoothly. It can also help you in saving money on internet bills.
- Choosing a Long-Term Contract: Every single internet service provider that you will come across offers discounts for customers who sign up for long-term contracts. If you have no problems in entering into a two-year contract then you will save money.
5. Negotiate Your Internet Bill
Before you go ahead and switch internet service providers, you can try and negotiate your internet bill with your current ISP. Negotiating costs can be a really tough, long, and annoying process, but if you are prepared, it can be fairly straight forward.
Any internet service provider wouldn’t want to lose their customers for a few bucks. It’s in their best interest to lower your internet bill to keep you as a customer. Here’s all you need to know before you start negotiating internet bill with your ISP for reducing internet bill:
- Don’t Bluff: If you tell your current internet service provider that you’re looking to switch providers to save money, make sure you already have an option in your mind. Do research in your area and find out which internet providers offer what costs and if you can save money by switching. If your current provider won’t lower your internet bill, then you will have better options in your area.
- Know Your Customer Information: The best way to prepare for negotiating with your internet provider is to know as much information about your monthly bills and other customer information. Here’s all the detail you should have at hand before negotiating your internet bill.
- How much you pay each month
- How many charges you have on your internet bill?
- Any problems you have had with your internet service or with your provider’s customer service.
- How long you have been a customer?
- How much you are paying now vs. how much when you signed up?
- Be Polite: Last but one of the most important things to remember while negotiating internet bill is to be polite. Keep in mind that you’re speaking with a customer care executive. Being respectful may even push customer care executives to help you a bit more.
Final Take: Tips for Reducing Internet Bill
Saving money on internet bill can be tricky. Now that you know how to save money on internet bill, all you have to do is follow all the steps listed above. As long as you want to save money, you will find a way to make the above steps successful.