finance

It’s About To Get Easier To Determine If You’re Paying Too Much For Internet Service

The new feature is being compared to the nutrition label on food packages. It’s About To Get Easier To Determine If You’re Paying Too Much For Internet Service FCC

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Most of us would have a hard time getting through a typical day without internet access. And even if the cost of that service can be pretty steep, we’ve collectively determined that it’s a price we just have to pay.

With a captive audience and limited competition in most areas, many internet providers have realized that they can essentially pack their bills full of hidden fees and surcharges without much backlash. But it looks like things are about to change.

Your bill’s new “nutrition label”

Similar to how regulators mandated that food products contain a label with information like calorie, fat, and sugar content, the Federal Communication Commission has mandated that internet service providers with at least 100,000 customers will now have to include a detailed assessment of what is included in each bill.

Although it might take a little getting used to, early reports indicate that the label is fairly easy to understand once you know what you’re looking for.

A few sections worth exploring when you receive your first ISP “nutrition label” include:

  • Monthly Price: This section will reflect the base rate you owe for your internet service
  • Additional Charges and Terms: Here’s where you’ll find a rundown of the hidden charges like activation fees.
  • Speeds Provided with Plan: This is an overview of upload speed, generally shown in megabits per second.

Other important details

If your ISP charges for additional data usage or restricts your internet access through any way, it will also be shown on the new label.

As for when you’ll start seeing this information on your bill, the FCC mandate went into effect yesterday … but smaller ISPs have a bit longer to comply, with their deadline set for mid-October.

Chris Agee
Chris Agee April 11th, 2024
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