What is prevailing rate?
Hi! My partner and I have been considering switching to either fiber 500 or 1000, because we are not happy with our current service. I understand that the pricing for each tier is pretty straight-forward, but I am confused about the "prevailing rate" that goes into effect after the first 12 months. There is no indication of what the rate increase could even be when I review the plan at checkout.
Does that happen after every 12 months, or just after the first year? How much is it?
I searched for answers to this, and I didn't find any info that was helpful, but maybe I've missed it. Any help would be greatly appreciated! Thank you!