Strange business for sure - but this is what happened:
I don't use Verizon email but I do check it from time to time. So today I did that and there was a month-old email titled "Important information abotu your FIOS service." It said my contract had expired and that I would be paying "higher rates" unless I renewed and took advantage of one of their "special offers."
So I logged on to my Verizon account (which I don't do very often) and found that my new monthly charge would be $145/mo. I had been paying $130/mo. So I looked at the "My Services" page and found out that I could renew my 2-year agreement and claim a $20/mo renewal incentive for each of the 24 months.
Interestingly enough, there were other incentives available: $10/mo, HBO, and a $120 Visa card. Why they woudl offer both a $10/mo and $20/mo incentive is baffling to me.
Needless to say I picked the $20/mo incentive, so my net is now $145 - $20 = $125/mo which is $5 less than I had been paying.
Can you believe it? Of course all this can't be verified until I get my next bill. But it looks good so far.
PS: All prices quoted above are for the basic 35/35 Triple Play plan, excluding taxes & fees for things like STB's or DVR's.