At this point, I feel like I receive a rate hike email from Cogeco every few months.
This morning I was treated to an email notification from my internet service provider (ISP), Cogeco, regarding an impending monthly rate increase of $3.75 on my home internet plan.
This brings the cost of my UltraFibre 1Gbps Unlimited Plan to $131. 19 from $127.69 after taxes starting November 1st. When you click through for more information regarding the rate hike, you’re taken to a page that features a generic statement regarding Cogeco home internet cost increases.
This isn’t Cogeco’s only recent rate hike, either. For example, in May of 2020, the ISP increased all residential internet plans by $3.
Cogeco says that this rate increase will “affect select Internet packages” and sent MobileSyrup the following statement:
“At Cogeco, we know our customers depend on high-speed, reliable Internet and world-class entertainment experiences. That’s why the stability and strength of our network is at the core of our commitment to our customers. We continually invest in our network, infrastructure, and products to ensure we provide them with state-of-the-art products and services.
The cost of delivering our services continues to increase due to inflation, the rising cost of goods, and maintaining high-quality local jobs. As a result, we periodically implement minimal rate increases. The price adjustment scheduled for November 1st will affect select Internet packages, which increase at a rate of $3.50 per month.”
Cogeco, headquartered in Montreal, Quebec, provides cable television, telephone services, and internet to areas in Ontario and Quebec.
Update 09/08/2021 1:52pm ET: The story has been updated with comment from Cogeco.