We recently reported that NBN Co is set to increase the wholesale cost of ISPs (ISPs) in July, which will more than likely increase the cost of the best NBN plans.
It seems that a few ISPs have jumped the gun and raised their prices a little earlier than expected, with costs that rose as much as AU $ 10 P/M, depending on the speed level.
Currently, we have noticed only these climbs from Exetel and Superloop – two of our long -standing favorite providers here at Techradar – and they affect plans from NBN 25 to NBN 250. Superloop’s NBN 1000 plan is for now, unaffected.
Not only has the time of these climbs come as a bit of a shock, but the AU $ 10 P/M increase on both providers’ popular NBN 100 plans is also much more than we had speculated in.
We have also noticed that both providers now charge the same as each other. Previously, Exetel was the cheaper for the two, but that is no longer the case. However, it is not a complete surprise that the two are sister companies.
Here’s how Exetel and Superloop NBN plans have been affected. We have only taken into account the ongoing costs after initial discounts.
Header Cell – Column 0 |
Before |
After |
---|---|---|
Exetel: NBN 25NBN 50NBN 100NBN 250 |
AU $ 63.99AU $ 79.99AU $ 84.99AU $ 98.99 |
AU $ 72AU $ 85AU $ 95AU $ 104 |
Superloop: NBN 25NBN 50NBN 100NBN 250NBN 1000 |
AU $ 69AU $ 81AU $ 89AU $ 99AU $ 109 |
AU $ 72AU $ 85AU $ 95AU $ 104AU $ 109 |
Will other providers increase costs early?
As we have said, we have only noticed Exetel and Superloop as being the only two providers to increase costs. Other ISPs may soon follow instead of waiting until the new financial year to complete their expected price increases.
What should I do now?
Given that we cannot guarantee what Australia’s ISPs will make up to the increased wholesale costs, we would recommend looking at your current NBN plan and deciding if you want to change to lock a cheaper price for at least six months (most of NBN providers currently offer a six month discount to honor).
We have chosen a recommended NBN plan for each speed level below. Please note that to sign up for an NBN 250 or NBN 1000 plan, you need either a fiber for the premises (FTTP) or Hybrid Fiber Coaxial (HFC) Fast-Line connection. If you do not, you may be eligible for a free fiber upgrade and most NBN providers will be able to handle the installation process for you.
Of course, this is our top recommendations at the time of writing. We are watching the NBN plan prices in the coming days and weeks to see if other price increases are implemented.