A new study by Consumer Reports finds that at least 25 percent of your monthly cable TV bill is made of sneaky fees, many of which have no actual purpose outside of making your cable provider richer.
The
consumer group’s study took a closer look at 787 consumer cable bills from 13 top cable providers and found that while the average user paid about $156.71 a month for cable TV, users in reality paid $217.42 a month once fees were added. In other words, about 24 percent of your cable TV bill each month ($37.11) is made up of fees and hidden surcharges.
According to Consumer Reports, cable TV and broadband providers increasingly use hidden fees to advertise one price, then hit consumers with a significantly higher rate once the bill comes due. As a result, the cable industry generates about $450 per year per consumer in fees.
"With the proliferation of add-on fees, it's nearly impossible for consumers to find out the full cost of a cable package before they get locked into a contract—and cable companies count on this," Consumer Reports Senior Policy Counsel Jonathan Schwantes
said in a blog post.
“These confusing, often misleadingly named charges continue to drive up consumer bills, even if you lock in a promotional rate,” he added.
