'We used the cash we saved ditching our expensive TV package to fund dream holidays to Niagara Falls and New York'
- The average family spends £471 a year on watching TV
- Almost 60 per cent pick their deal based on the sports channels
- Typical household watches just a third of the channels on offer
The average family spends as much as £471 a year on their subscription TV package, yet 56 per cent of households feel they are not getting value for money.
A whopping 65 per cent of households forking out for a costly package admit to watching less than a third of the channels on offer, according to research by subscription-free satellite TV provider Freesat.
The average subscription TV package will currently set you back by around £39 a month and with prices steadily climbing thanks to frequent price hikes, 42 per cent of billpayers feel like they are being taken advantage of by their providers.
Holiday of a lifetime: Tony and Pam Cooper used the money they saved from ditching their pricey TV package to send them on a dream holiday
Over the past year, Sky TV has increased the monthly charge on its Family Bundle - which includes 70 entertainment channels, more than 50 HD channels, 240 free-to-air channels, Sky Box Sets and 3D TV - by 9 per cent, while Virgin Media’s Premium Package was bumped up by 6 per cent.
Freesat's research also found that a whopping 59 per cent of households pick their TV deal solely for its sport package.
And it has emerged that sports fans looking to watch live matches from the comfort of their sofas could end up handing over more to their TV provider than the cost of a season ticket at their favourite football club.
Sky’s premium sports package, costing £51 a month, comes in more expensive than a season ticket at 16 of the Premier League’s 20 clubs, according to Freesat.
What about the cost of 'free-to-air' TV?
When you buy a new TV typically it will come preloaded with a digital Freeview tuner that allows you to access around 70 channels.
Those with older models can access the free-to-air TV channels via an aerial and a set-top box, which can be bought for as little as a £20.
Shell out for a flashier box, costing around £150, which connects to your wireless internet and you can get catch-up TV, watch streaming services such as Netflix and pause, record and rewind your favourite programmes.
Freesat is an example of another alternative for those who want more choice of channels.
This also comes with no monthly subscription charges, however it does require a Satellite dish and a different set-top box.
The good news is you can use an existing Sky dish if you have had one installed at your home, otherwise a new one costs £79.99 for a single-feed dish and £94.99 for a double-feed dish that allows you to record one channel while watching another.
A Freesat box will set you back between £50 and £250, some televisions may already have the feature inbuilt.
The cheaper boxes on offer typically allow access to a couple of catch-up TV services while the costlier versions allow you to pause, rewind and record as well as giving access to Netflix and Youtube as well.
Although a slighter more expensive option, this gives you access to over 200 channels.
Don't forget, whichever TV package you watch, you will need a TV licence, which currently costs £145.50 annually.
Household's top priority | Package | Cost per month | Contract length | Total cost (excl line rental) | Total cost (incl line rental) |
---|---|---|---|---|---|
Family viewing | TalkTalk Plus TV + Entertainment Extra Boost (ADSL) | £15 (entertainment boost currently half price at £5) | 18 months | £270 | £588.60 |
Sports | TV starter pack + Unlimited BT Infinty1 + weekend calls +Sky Sports + BT sports (Fibre) | £34.50 for 12 months £17.99 line rental | 12 months | £414 | £629.88 |
Good-value multimedia bundle | BT Unlimited Broadband & TV Starter Package & Calls + BT Sport SD (ADSL) | £7.50 | 12 months | £90 | £305.88 |
All the trimmings | Virgin Media Big Kahuna Bundle + Sky Sports + Sky Movies + BT Sport (Fibre) | £46.25 (first 9 months), £90 thereafter | 18 months | £1,226.25 | £1,550.07 |
Flexibility | Netflix | £5.99 | Rolling | £5.99 | - |
Source: uSwitch, correct as of December 10 2015. |
Jennifer Elworthy, a spokesperson for Freesat, said: ‘Households are spending a fortune on TV packages and paying for hundreds of programmes they’ll never watch.
‘Most of the country’s favourite shows are available with Freesat’s Freetime box, and even for sports fans, major sporting events can be enjoyed free to air.
'What’s more, our research shows that football fans could spend less actually going to the games. Many people get locked into costly TV deals without realising the choice out there.'
Most watched Money videos
- Range Rover Electric undergoes last extreme-weather tests
- Boreham Motorworks unveils the limited-edition Mk1 Ford Escort
- Rare 1992 Ford Escort RS Cosworth sets new world record auction price
- Amazon's latest $49,000 double-story TINY home comes with glass sunroom
- Ford presents new Puma Gen E: Best-selling now goes electric
- Toyota relaunches Urban Cruiser as an electric tech-rich crossover
- How to buy the best UK shares at a cheaper price
- Jaguar targets new customers by ditching logo and going electric
- Tesla UK unveils look of sleek CyberCab in London's Westfield
- Jaguar's EV concept revealed: Type 00 comes in two colours
- Woman becomes youngest Omaze winner after winning £3million mansion
- Fed cuts key rates again amid fears it will raise inflation
- Premium Bonds saver scoops £1million prize on their first...
- Inheritance tax raid is disaster for pensions: Attack...
- House prices went up £12,000 in 2024 - and are tipped to...
- What are the big risks for investors in 2025? Chief...
- Pound drops as winter chill hits manufacturing after...
- Wildwood restaurant owner Tasty notes 'disappointing'...
- Pipeline to the Royal Mail: Czech Sphinx's Russian gas...
- Reeves' inheritance tax raid puts millions at risk of...
- MARKET REPORT: Vodafone picks up as it sells Italian arm...
- Tesla shares fall 6.6% after sales slump for first time...
- Barbour pays founding family £30m in dividends after...
- Coventry takes Co-op Bank for £780m returning it to...
- High Street suffers as shopper numbers fall after 'drab'...
- German industry suffers a 'lost year' - helping to drag...
- Wheels come off Brompton sales as boss blames 'really sad...
- Homeowners should brace for higher borrowing rates to...
- January sales bargain hunters are warned about rogue...
- Stormy times ahead for investors with UK now seen as an...