End of Internet Equipment Rental Fees After Value Paid Off
This new act aims to protect consumers from excessive internet equipment rental fees, such as for routers or modems. Once effective, internet service providers will be prohibited from charging rental fees if the consumer has already paid the full purchase price of the equipment through monthly rental payments. This could lead to potential savings for households and greater transparency in service costs.
Key points
Internet providers cannot charge rental fees for equipment (e.g., router) once its value has been paid off by the consumer.
This change applies to new contracts entered into after the act's effective date.
Potential reduction in monthly internet bills for many households.
Expired
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