on 09-10-2023 18:09
Will price rises, calculated as a percentage increase, be applied to the tariff or the to amount I actually pay?
I pay less because I have been moved over from Virgin where the tariff was less. So that I pay the same, a bolt-on discount has been applied.
Example: tariff is £17, but I pay £10 with a £7 discount.
After a 10% price hike: so new tariff is £18.70.
Will I pay £18.70 - £7 = £11.70? If so that amounts to a 17% increase. Not 10%.
Am I right to be concerned?
on 09-10-2023 18:14
Yes it will apply to the tariff cost and your discount will be taken off that.
The price increase this year was 17.3% not 10% anyway.
on 09-10-2023 18:15
Good question. AFAIK price rises are on the full tariff, whether this will apply to Virgin discounts it hard to say.
on 09-10-2023 18:16
Somy discount will remain the same - for fairness the percentage increase should be applied to that as well as the tariff. Seems extremely unfair.
09-10-2023 18:16 - edited 09-10-2023 18:23
09-10-2023 18:16 - edited 09-10-2023 18:23
The price increase is before any discounts are applied so if you have a £7 discount on a £17 tariff (using this years increase will be the following
£17 +17.3% = £19.94
- £7 discount = £12.94 you will pay which is actually if my math is correct an approx. 29.4% increase..
Edited to correct my maths... 3.855x10^6 🤣
on 09-10-2023 18:19
on 09-10-2023 18:19
I don't think your maths is correct - If I am paying £10 and it goes up to £12.94, that is a 29.4% increase on what I have been paying.
on 09-10-2023 18:19
on 09-10-2023 18:19
@Whinge69 wrote:So my discount will remain the same - for fairness the percentage increase should be applied to that as well as the tariff. Seems extremely unfair.
Unfortunately not as everyone gets the same price rise.
If you got discount off both, you'd pay less than other customers on the same tariff.
on 09-10-2023 18:22
on 09-10-2023 18:22
Trying to do much at once and yes its a 29.4% increase...
You would have to speak to o2 to see if they will cover the theoretical extra £2.94 per monh....
on 09-10-2023 18:25
Maybe we should all call O2 asking them to cover our price rises 😂
on 09-10-2023 18:30
on 09-10-2023 18:30
I was thinking of invoicing them for time, every time I have to call up... 😂🤣