Retail Price Index (RPI) and your Pay Monthly airtime tariff
Each year, your Pay Monthly airtime tariff will be adjusted according to the Retail Price Index (RPI) rate of inflation. This rate is announced in February and your bill will be adjusted by this amount on the 1st April 2019.
RPI is a widely recognized measure of the general level of inflation and several industries use it as a guide on whether to adjust prices, as well as by how much. If you’re o Pace Telecom Mobile user, RPI can impact your Pay Monthly tariff, including your Airtime Plan (but not the Device Plan), your sim only tariff, standard tariff and mobile broadband tariff.
This year’s RPI was published on 13 February 2019 and we will increase your plan by 2.7% on the 1st May 2019..
If you joined or upgraded before 15 February 2019, you would’ve received a mailing from us telling you about the adjustment and how it impacts your contract. If you joined or upgraded after this date, we’d have told you about it before you’d signed up.
August 2018 - Call Bundles
1/8/18 – Pace Telecom are always looking ways to ensure our customers are on the very best tariffs available. We have completed a detailed analysis on all PSTN and ISDN customers and may have applied an inclusive call bundle to your account for Local, National landlines and UK Mobiles (if required)
This will ensure that your bills are fixed costs as much as possible and avoids bill shock (excludes premium rate and International destinations.)
This is an optional increase and as per the email that was sent you can opt out of this change and remain on a flat pence per minute rate. Customers have 30 days to opt out of this from the date of notification
July 2018 - Price changes announcement
Due to increases in wholesale costs there will be an increase in some costs. We have tried to keep this to a minimum and limited it in two areas.
1/7/18 – Connection charges – There has been an increase in connection charges for calls made over analogue and ISDN lines. This additional charge will apply from the August 2018 invoice. The connection charge has increased by 1p per call.
7/8/18 – Pace Cloud Customers Only – From the 20th August Local and National Call Bundles will be increased by £10 per month but all Local and National Call Bundles will now be unlimited minutes. This is an optional increase and as per the email that was sent you can opt out of this change and remain on the current bundle at the same price. Customers have 30 days to opt out of this from the date of notification.
January 2018 - We're making some changes to the way we charge you
Customers who do not pay by direct debit will incur a processing fee of £2.50 per month.
Please contact our Finance Team if you would like to pay by direct debit instead.
Customers who have exceeded their minutes as part of a call bundle, any overages will be at standard Pace Telecom rates. For a copy of our standard rates please contact the account management team.
Customers who want paper bills will be charged a processing fee of £1.99 per month.
February 2017 - We’re making some changes to our prices from 1st March 2017
From the 1st of March 2017 BT are increasing their line rental prices to business customers by an average of 6%. In line with these changes Pace Telecom will also be increasing some of our prices but we’ve kept them as low as possible and some customers will see no price rise at all.
We are proud to offer contracted customers a minimum 15% saving on BT and all of our customers are protected by our Never Beaten on Price Guarantee. On top of the great savings we offer compared to BT, we are able to offer Voice, Connectivity, Digital and Cloud services, adding value to your business at every level.
November 2016 - Pace Telecom Price Increase Details
Pace Telecom’s Price Increases
Pace Telecom’s Line Rental prices will increase as of the 1st November 2016. Despite this, Pace Telecom’s line rental prices are still 30% cheaper than BT standard rates, and are lower than a number of other rival companies.
As you can see from the below table, Pace Telecom’s line rental price increases have not affected it’s competitive pricing within the telephony market.
|Anologue Line||ISDN2 per channel||ISDN20 per channel|
If you would like to discuss our SIP offering and freezing your existing rates, please call your Account Manager on 0800 195 5115.
As of 1st November 2016, Pace Telecom’s call rate from landlines, SIP and Pace Cloud to international numbers are increasing by 15%.
Additionally, calls from landlines are increasing by 0.1 ppm. However, this increase does not affect lines on Pace Telecom’s Cloud or SIP offerings.
These rates will appear from your October 2016 invoice.
Cancelled Direct Debit
From 1st November 2016, the cost for cancelled direct debits is £9.95 a month.
This charge is applicable for customers that originally signed up on direct debit and have now cancelled this.
2016 – Pace Telecom increase prices for the first time in three years
Despite rival companies increasing their prices over the last few years, Pace Telecom have endeavoured to keep their prices the same, and have done so successfully. Unfortunately, Pace Telecom’s customers will now see an increase in prices. This is the first time in over ten years that Pace Telecom have increased the prices of ISDN2 & ISDN30, and the first time in three years that Pace Telecom have increased the price for Analogue Lines. In comparison with other telephony companies such as BT, whose prices have increased three times since 2014, this price increase has not been done lightly and Pace Telecom view this as an unfortunate, but necessary step forward.
2016 - BT increases cost of landline, broadband, calls and TV for millions of customers twice in one year
2016 has seen price increases from BT twice already this year. Earlier this year BT announced price increases from 3rd July 2016 and then announced price increases to be implemented by 1st October. This will be BT’s third price increase in the last three years.
2014 - BT announced price hikes of up to 6.5%, Pace Telecom hold their prices
During 2014 BT announced its intention to increase their prices of line rental. By the end of that year, BT’s prices had increased by up to 6.5%.