{"id":9139,"date":"2015-10-05T13:02:45","date_gmt":"2015-10-05T18:02:45","guid":{"rendered":"http:\/\/www.gomohu.com\/?p=9139"},"modified":"2021-10-15T13:46:16","modified_gmt":"2021-10-15T18:46:16","slug":"cable-tv-subscribers-pay-230-dollars-yearly-rental-fees","status":"publish","type":"post","link":"https:\/\/www.gomohu.com\/blog\/cable-tv-subscribers-pay-230-dollars-yearly-rental-fees\/","title":{"rendered":"Cable TV Subscribers Pay Over $230 a Year in Rental Fees"},"content":{"rendered":"

If you get TV from your local cable TV provider, you likely are paying over $230 a year<\/a> in rental fees for their hardware. These fees bring in $19.5 billion in revenue for cable TV companies. After all, what’s a few (ever-increasing, never-ending) bucks to you the consumer?<\/p>\n

What Cord Cutting Affords You as a TV Viewer<\/h3>\n

If you would cancel cable TV<\/a> today, in the next year you would have enough money to pay for a year of Netflix ($95.88), a year of Amazon Prime ($99), and still have $36.94 to go toward an antenna like the Mohu Leaf for just $39.99. Or you could use your extra $36.94 to rent movies at Redbox, Amazon, iTunes, Google Play, etc.<\/p>\n

We have yet to even look at how much money you would save by not paying for cable TV. On average, many cord cutters save $1,000 a year<\/strong>.\u00a0This amount of savings would afford you all of the above-mentioned streaming services and antenna, plus\u00a0it would\u00a0leave you with over $800 to buy a set-top streaming box, get a new TV, or even take a vacation\u00a0with your family.<\/p>\n

More Hidden Fees: Internet Modem Rentals<\/h3>\n

There are other hidden fees that you can avoid. One of the big ones people face are modem rental fees. These fees average $10 a month, but some are as high as $12 a month. So you are paying $144 a year to rent a cable modem. Often you can find modems on sale for less than $100. Just make sure to contact your ISP to ask them what type of modems work on their networks. If you rented a modem for five years you paid $720 in rental fees on something that costs less than $100 in most cases.<\/p>\n

Plus, if you were to upgrade your service or switch ISPs, potentially rendering your modem obsolete for yourself, you can always sell it and recoup some of your initial purchase cost.<\/p>\n

Between cable TV boxes and Internet modems, the average subscriber\u00a0could be paying as much as $1,870 over five years in rental fees alone.<\/p><\/blockquote>\n

So what are you waiting for? Ditch cable, buy an antenna, and start pocketing money every month!<\/p>\n","protected":false},"excerpt":{"rendered":"

If you get TV from your local cable TV provider, you likely are paying over $230 a year in rental fees for their hardware. These fees bring in $19.5 billion in revenue for cable TV companies. After all, what’s a few (ever-increasing, never-ending) bucks to you the consumer? 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