As of November 2014, just over 78% of American households have a high speed internet connection. Anyone with an internet connection knows that you need a modem installed in your home, which the company will provide. You may or may not know this next part… you are renting that device from your internet service provider (ISP). That’s right. You will see on your monthly bill that there is a charge (usually around $10) for it. While the modem is necessary, that rental fee is not. You can use your own.
Tuesday Tip- Buy Your Own Modem
Let’s say you’ve been using the same ISP for two years. If you rent the modem, that’s an extra $240 spent on your bill. You can purchase your own for less than half that price. Great news, right? But hold on. Don’t run out and buy the first cheap modem you find. There are several different kinds, and some will not work with all the different service providers.
ISP’s will not stop you from installing your own modem, but you will need to contact them to make the switch. To find out which modems will work with your ISP, visit their respective websites for a list. Here are a few major providers and their resource pages on the subject…
Some modems are for internet and TV, and some include a phone jack. Some might also include WiFi. So consider how your service is set up, what you need, where it will be placed, and how much it costs. For any technical support, contact your ISP and they should be able to help.