The BBC has announced that the TV licence fee is going up in just over a month's time.
As confirmed today (February 22), the corporation will be bumping up the annual cost from £147.00 to £150.50 to account for inflation.
The new fee will be in effect from April 1, 2018.
"The new licence fee amount equates to just £2.89 a week or £12.54 a month. For that, the BBC provides 9 national TV channels plus regional programming, 10 national radio stations, 40 local radio stations and one of the UK's most popular websites," the BBC said.
"Last year 95% of the BBC's controllable spend went on content for audiences and delivery, with just 5% spent on running the organisation.
"TV Licensing will be advising licence fee payers due to renew in March to pay on time so that they will pay the current rate of £147.00. Those buying a new licence before 1 April will also pay the current rate."
Meanwhile, the annual fee for a black and white TV licence will become £50.50 (an increase from £49.50).
And people who are blind or severely sight-impaired can claim 50% off the fee, which means a TV licence would cost £75.25 under the new price.