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Rainman68
Beginner
796 Views
Message 1 of 12

2022 Price Increase

So I've just recieved my price increase notification and I'm confused, does anyone know how on earth it is justified to increase by January CPI 'plus' 3.9%, that means 5.5% + 3.9% that's 9.4% if my basic maths is working properly. If anyone can explain how this works beyond what looks like overt profiteering I'd be very grateful.

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11 REPLIES 11
AlanC4
Aspiring Contributor
777 Views
Message 2 of 12

Re: 2022 Price Increase

BT profiteering  from the increases, nearly 10% if I have read the notice correctly.

garybs29
Recognised Expert
731 Views
Message 3 of 12

Re: 2022 Price Increase

I take it you 2 are quite happy with the service then & don't want the improvements & full fibre being rolled out across the country? It's not profiteering it's an increase which although high is being used to invest in the network etc

dazza76
Contributor
714 Views
Message 4 of 12

Re: 2022 Price Increase

and don't forget, the share holders will be due their dividends 😉

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imjolly
Distinguished Sage
Distinguished Sage
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Message 5 of 12

Re: 2022 Price Increase

I think you will find that there are many other companies who have taken the same approach with increases in March/April of CPI + 3.8/3.9% so this appears to becoming the norm.  I agree it is big increase and was originally set when CPI was very low but CPI has increased significantly since then



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stereohaven
Recognised Expert
643 Views
Message 6 of 12

Re: 2022 Price Increase

I think this is probably the most helpful page I have found regarding the price increases.

As others have said, BT aren't alone in raising prices and whilst it is high, it is transparent.

 

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Rainman68
Beginner
642 Views
Message 7 of 12

Re: 2022 Price Increase

 
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Rainman68
Beginner
635 Views
Message 8 of 12

Re: 2022 Price Increase

Not bothered about full fibre accross the country and I am more than happy with the service. I have 2 properties, one with 10Mbps and the other with 140Mbps full fibre, buggered if I can tell the difference if I'm honest.
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siteguru
Expert
597 Views
Message 9 of 12

Re: 2022 Price Increase

I am presently paying £25.06. I have received a price increase notification of £2.33. By my reckoning then that is an increase of 9.3%.

I am well aware of the CPI + 3.9% malarkey - that is not my query. My query is regarding the CPI rate they have used ... I work it out as 5.4%. Where did they get that figure from? Is that really the pertinent CPI rate?

Thanks
Ian
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Jeremy69a
Contributor
573 Views
Message 10 of 12

Re: 2022 Price Increase

5.4% in December 21 and 5.5% in Jan 22