Broadband prices show no signs of increasing, according to a broadband comparison site.
Despite the onset of economic gloom and price hikes brought about by the 'credit crunch', high-speed internet is the only utility to buck the trend of rising household bills according to Top 10 Broadband.
"Broadband bills have plummeted by over 60 per cent in the past 18 months while gas and electricity have risen by 15 per cent and are set to rise further by the end of the year," said Jessica McArdle of Top 10 Broadband.
The price cuts are attributed to "rampant competition" in the UK broadband market. Internet service providers (ISPs) are being forced to cut the cost of their packages, while simultaneously raising broadband speeds.
"If you signed an 18-month contract in January 2007, the average deal would have cost £13.73 a month," McArdle said.
"If you were to switch from this package now you would be looking at offers starting at just £3.25 a month," she added.
Mobile broadband, which is no longer seen as a luxury but an alternative to home broadband, was also highlighted as another contributing factor to lower prices.
"Despite being more expensive per GB of downloads, (it) may work out cheaper than home broadband as it removes the need to have BT line rental at home," Mcardle said.
www.top10-broadband.co.uk
Topic: Broadband prices continue to drop (Read 497 times)