Due to economic hardship, I desperately need to cut expenses. I called verizon in hopes that I could downgrade my triple play to internet only, expecting that I would have to pay some portion of my early cancellation fee to compensate for their revenue loss. I was polite and let the service rep know that I am suddenly an unexpectedly the only income earner and rent payer in a single parent household, and that I can't afford $110 a month for service. I was pleasantly surprised when they offered to waive the fee with a new 2 year contract...until they told me that fios 25/25 would cost me $71 a month, even though it is currently advertised at $45 a month. I was told that is the new customer price, and nothing could be done, and that even in two years when that contract ended I would still likely have to pay $25 more a month than new customers pay.
I hate jumping companies, but I am so disappointed by this offer. The extra $25 a month over the new customer price is, over the course of two years, far more money than the cancellation fee would be. Do I have to cancel, change companies, and then wait until verizon wants me back? Why put a customer through all that and deal with visiting/setting up new service/losing the revenue for 6 months, and possibly forever? I don't expect miracles, but I know that $45 is more in line with industry pricing at the moment, and I feel like the $71 offer is only meant to disincentivize downgrading my service. Keeping the $110 a month bill is not an option, and I'm at the point now where I'm considering leaving for good. It would be a shame, since the internet service is excellent. I'm hoping a verizon rep on the board here will be able to help me with this so I can avoid the huge hassle of switching providers and paying an $180 early termination fee that I can't afford. I know it's just business, but how on earth does being inflexible in a situation like this help anybody, including verizon?