Henrietta-based Greenlight Networks has charged a fixed base price of $50 per month for high-speed Internet service since its launch in 2011.
Starting with April bills, subscribers will pay $55 for the 500 megabits per second plan.
“We are proud to have been able to keep our prices the same over the long term,” the company wrote in an email sent to them on Thursday. “However, given changes in regulations, minimum wages and the increased costs of building and supporting our network, it is necessary Increase base rate by $5/month effective starting with your April bill.”
The company said prices for the 1-gigabit and 2-gigabit speed tiers will remain at $75 and $100 per month, respectively.
Greenlight says the fastest plan will go up to 8 GB, but the cost will drop from $200 per month to $150.
Greenlight currently serves more than 170,000 homes in 27 cities in the Rochester, Buffalo, Binghamton and Albany areas.
In June 2022, the company announced that it was acquired by Oak Hill Capital, a private company in New York City, which plans to invest up to $300 million to expand Greenlight’s network to 800,000 residential connections within five to six years.
Oak Hill replaces majority investor and billionaire Paychex founder Tom Golisano, who acquired Greenlight in 2018.
Reporter Marcia Greenwood covers general assignments. Send story tips to mgreenwood@gannett.com.Follow her on Twitter @marciagreenwood.