Internet service is a necessary expense for most people, but there are a few strategies you can employ to keep your bill as low as possible.
Determine What Speed You Need (and What You Don’t)
If your internet is working great, you may not second-guess if you’ve chosen the right speed. However, do some research to determine if you’re using the recommended plan for your household. Taking into account the number of devices, the number of people in the home and what you use the internet for can help you determine the right plan for you. For example, the FCC recommends a minimum download speed of 12 to 25 Mbps for a household of two people using the internet at once for “moderate use.”
Once you make this determination, consider if downgrading to a slower plan or looking into alternatives from other providers may help you save money. It can feel risky to reduce plan speeds, but paying for more internet than you need can add up quickly.
Buy Equipment Outright
Many companies charge monthly rental fees for equipment, so buying your own modems and routers can help lower your costs. Be sure that the company allows it and that what you purchase works with that provider.
Look Into Bundling
Many companies offer discounts for bundling with your mobile phone, streaming services and TV provider, so be sure to look into these offers to lower your bill.
Reach Out to the Provider
Internet providers want your business, so if there is a way to get you as a customer or keep you as one, they will want to try and make it happen. If you’re interested in a company, but want to see how you can get the best deal possible, it doesn’t hurt to reach out to the company to get the most updated pricing information and see if there is any way to make things more affordable. This strategy may not always work, but at the very least, you’ll know you’re getting the best deal you can.
Shop Around
Even if you’ve already landed on an internet provider, you may be able to switch providers to get a new, lower introductory price. Naturally, this price will likely go up, but it can be a good way to save some money, especially if the price it increases to is lower than what you’re currently paying. We recommend keeping your eye out for lower rates often to ensure you’re getting the best deal in your market—just be sure to keep an eye out for any fine print that can make a deal less of a steal than you think.
