That may be a hasty decision. 3 Mbps can barely get you 1 HD stream. Consumption models for any service are not priced to 100% of theoretical usage. I would surmise if you needed to download 16TB that you are probably running a business and need another tier.
Keep in mind there are no caps because they will happily sell you units of 50GB for $10. These are just surcharges.
The point I have made is that allowances (not caps) are set by actuaries, and have no real connection to the infrastructure because there is no infrastructure problem. It is meant for revenue enhancement and to keep video streaming from usurping the ever rising cable cost. And you have sports to thank for that.
This is totally the behavior of a monopoly. Raise prices arbitrarily for a falling price commodity.
You should be angry, however they know you need internet and until somebody breaks these guys up, it is going to get much more expensive to make up for the content fees.
100% of this problem is the content cost. This is driving all of the rest of the bad behavior.
The problem is that they aren't just trying to make up for the lost fees from people ditching cable TV. They are trying to get that lost money back AND exponentially increase the cost of Internet access far beyond what Internet+TV used to be: ~$150/month.
Previously a 50 Mbps connection could push terabytes just fine before they brought the caps in. And it cost around $150 a month for that uncapped high speed connection + cable TV.
Now we're all supposed to be happy with paying thousands of dollars a month for the same amount of bandwidth we were allowed before for $100 a month?
I DON'T THINK SO BUDDY! It's one thing to double the price of your Internet access to recoup lost TV revenue, it's another thing entirely to multiply it by a factor of 30!
Bandwidth caps have severe implications on the quality of Internet content. We would never have 1080p and 4K YouTube videos if bandwidth caps were around at the start of the 2000s.
Even though we'll have the speed necessary to handle such high resolution video, we won't be allowed to transfer that high resolution video unless we want to be extorted out of thousands of dollars by our ISP.
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