Verisign To Increase .NET Registry Fee On 1 February

The registry fee, that is the fee charged by Verisign to registrars, for .net domain names is increasing on 1 February so if your domain names are expiring soon, you have a few days to renew for periods of up to 10 years to save some money.For .com, after the US government intervened in the most recent registry contract negotiations, the registry fee is frozen at $7.85 and is frozen until at least 2018. The original .com fee was $6, increasing for the first time in 2007 to $6.42 since the fee structure for both .com and .net was put in place by ICANN in 1999.But for .net, the registry fee is increasing to $8.20 from $7.46, a 10% increase, and taking the fee above that of .com. Given .net’s registration numbers have been relatively stagnant at around the 15 million mark for the past 4 years, it’s hardly likely to spur a rush in registrations. The 10% increase will mean around $11.1 million in Verisign’s pockets.For .net, the original fee was $3.50, which increased to $3.85 and has increased at 10% increments most years since, and will into the future up until 2024.

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