What you are about to read should not come as a shock to you, especially if you are a subscriber of cable TV.
Comcast Corp, the dominant cable provider in the nation, has raised cable TV rates for the third time in three years The rates will go up about 6 to 7 percent, depending upon where you live. Other cable providers, like RCN, have also raised rates by about 8 percent.
7 percent is double the rate of inflation. Comcast's prices have risen three times faster than inflation since 2000.
Although cable price increases have moderated in recent years from the double-digit hikes of the 1990s, many research analysts predict that costs will keep going up.
"Operational costs" are the culprits for the rate hikes. "Operational costs" include energy costs, im View the rest of this article
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