The annual cost of a TV licence rises today, for the first time since April 2010.
As of today, 1st April 2017, the annual cost of a colour TV licence will be £147, which is an increase of £1.50 on the previous price.
The cost of a black & white (monochrome) TV licence rises by 50 pence to £49.50, although the number of people holding such a licence is dwindling by the day.
The BBC is very quick to point out that at a little over 40 pence per day, the TV licence represents exceptional value. We are equally keen to point out the legal alternatives to buying a TV licence, which in our opinion represent even better value.
Legally speaking, a TV licence is required for any property where equipment is installed or used to receive TV programmes at the same time as they are broadcast on any TV channel. It is also needed for any property where equipment is used to download or view BBC iPlayer programmes (although not BBC radio programmes, or those on-demand S4C programmes available via the iPlayer).
In our view it is obscene that every household receiving any TV programmes is forced to fund the BBC's production its own programmes. Of course the BBC also squanders a significant proportion of TV licence fee revenue on bloated executive salaries, inflated "celebrity" egos, abandoned strategies and sordid damage limitation.
There really has never been a better time to ditch the TV licence altogether. See our article on cancelling for further information.
If you've found this article useful please consider using our Amazon link for snapping up some end of year bargains or downloading our free ebook.
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