What is the consumer price index?

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What is the consumer price index?

What is the consumer price index?

The Consumer Price Index (CPI) is a measure of whether the cost of goods and services is going up or down based on average price changes from across several industries. A new index is published every month. There’s lots more information on the Office for National Statistics website, search ‘CPI ONS’ for more.

What does it have to do with EE?

What does it have to do with EE?

 

The price you pay each month for your broadband, landline, mobile, BT Sport and TV will be adjusted from March 31 each year, according to the CPI rate of inflation plus 3.9%. We’ll use the December rate, which is published in January. And we’ll change your monthly price from March 31 of the same year.

For example, if the CPI rate announced in January is 1%, your monthly payments from April would increase by 4.9%.

How have you calculated the rate of increase on my plan?

How have you calculated the rate of increase on my plan?

We’ll use the CPI from December each year (which is published the following January) plus 3.9%.

It measures the average change in prices for consumers across the country over the last 12 months. We calculate the price change by adding the CPI percentage plus 3.9% to the price of your monthly bill. 

For example, if the CPI rate announced in January 2021 is 1%, your monthly plan payments from the 31 March 2020 would increase by 4.9%. This would mean a monthly price of £40 would go up to £41.96 in March 2021.

What services are subject to the CPI price increase?

What services are subject to the CPI price increase?

Your broadband, mobile, landline, TV and sport monthly plan prices will go up in line with any change in the rate of CPI plus 3.9%. Lots of our extra charges like out-of-allowance calling rates and your optional add-ons will also go up in line with CPI plus 3.9% too.

Who will be affected by the changes?

Who will be affected by the changes?

From 1 September 2020, anyone starting, renewing or upgrading a broadband contract will be affected by these changes although the annual CPI price increase will take effect from March 2021.

Why do you increase prices?

Why do you increase prices?

The price of our broadband plans increase in line with CPI so we can keep pace with inflation. This reflects the increase in the costs to run and invest in our network and service we provide, and allows us to invest in new technology and make sure we give the best possible service to our customers.

What if I have a discount on my price plan?

What if I have a discount on my price plan?

The increase to the price you pay for your broadband plan, your “price plan charge” will take account of recurring discounts you receive which either end when your Minimum Term coms to an end or are ongoing. Other discounts may not be considered when the increase is calculated, see T&Cs for full details.

Can I cancel my contract because of the CPI increase?

Can I cancel my contract because of the CPI increase?

If you’re within your minimum term when the prices go up, you can cancel your contract, but there will be a fee for cancelling early. If you’re outside of your contract period you can end your contract at any time without any fees.

What kind of increase can I expect from CPI?

What kind of increase can I expect from CPI?

CPI increases have remained between 2.1% and 2.5% over the last ten years. For customers joining after 1 September 2020 this will the CPI increase will include an additional 3.9%.

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