“`html

How to Save Money on Your Internet Service

The average American spends a significant amount on internet services each year. According to data from J.D. Power, the average monthly cost for wireless internet is $79, while wired internet costs $72. This adds up to over $860 annually. Given this substantial expense, it’s essential to find ways to reduce your internet service bill. Here are six effective strategies to help you save money.

1. Shop Around

Just like when purchasing a car or home insurance, it’s crucial to compare prices and features when selecting an internet service provider. Look at different providers’ speeds, contract terms, and prices to find the best deal that suits your needs.

2. Examine Your Bill

Take a close look at your internet service bill to identify any overage fees or unnecessary services. If you’re paying for more data than you need, consider switching to a plan that better matches your usage. Downgrading your service speed can also significantly reduce your monthly bill.

3. Negotiate Your Bill

Contact your internet service provider to negotiate a lower bill, especially as your contract nears its end. Research competitors’ prices and promotions to use as leverage. Be prepared to spend some time on the phone, and always remain courteous. If you prefer not to negotiate yourself, consider using a service like Experian BillFixer™.

4. Check Into Discounts

Many providers offer discounts for specific groups, such as teachers, nurses, and military members. Additionally, you might save money by bundling services like internet and cellphone plans. Look into autopay discounts as well.

5. Use Your Own Equipment

Instead of renting a modem and router from your provider, purchase your own equipment. This can lead to long-term savings. A basic modem costs around $50, and a suitable router ranges from $100 to $150. Renting equipment can cost $120 to $300 annually, so buying your own can be more economical.

6. Look Into Government Assistance

The federal Affordable Connectivity Program offers a $30 monthly discount on internet service for eligible households. Additionally, several providers offer internet service at no more than $30 a month for qualifying households. You can qualify through government programs like Medicaid, SNAP, or WIC, or by meeting income requirements.

The Bottom Line

A 2022 survey revealed that cost is the primary reason U.S. internet customers switch providers. Nearly half of Americans want to lower their internet costs. By negotiating your bill or switching providers, you can save money and keep more in your bank account.

For any mortgage service needs, contact O1ne Mortgage at 213-732-3074. We’re here to help you with the best mortgage solutions.

“`