VoIP phone service providers offer many advantages to residential and small office/home office user. If you have a high speed internet connection then choosing a VoIP phone service might be right for you.
But before you run out & buy 1st thing you see....arm yourself with a little education 1st. The benefits must make sense to you or you are just following crowd.
Lower Monthly Fees
The price of a VoIP phone line is a fraction of cost of a traditional telephone line, long distance calls are much less expensive if they are made via a VoIP provider, and applicable taxes are far lower with VoIP phone service than with a traditional phone service. Some VoIP phone service providers offer a phone line for around $9 U.S. dollars per month and will charge you for calls you make at rate of 1-3 cents per minute depending on provider. Most VoIP phone providers offer a bundled service offering unlimited incoming calls and unlimited long distance calls to anyone in U.S. or Canada for one small fee. VoIP unlimited calling plans currently start at $19.95 per month. As with traditional long distance market trend...expect even this low cost to drop over time as technology and competition matures.
So far to date governments have taken a hands off approach when it comes to VoIP phone service providers. Since calls are being carried over Internet, governments have not heavily taxed VoIP phone services. Right now only tax you can expect to see on your VoIP phone service provider's bill is a Federal Excise Tax, which is only 3% of cost of service. For example, if you were to choose a $19.95 unlimited calling plan, Federal Excise tax would be 3% of $19.95, or 60 cents. Your total bill would be $20.55. Compare that to your local telephone bill (go ahead and take a close look) and you will see you are spending quite a bit on taxes each month. Therefore, choosing a VoIP provider could add up to significant savings for you and your family.
Most VoIP phone service providers offer features that are included, while most traditional phone companies charge an extra $20 to $30 per month for these. Most VoIP phone providers include following features in their low monthly fee: Free voicemail, call forwarding, caller ID, call waiting, call waiting ID, 3 way calling, speed dialing and much more.