Since the revised contract was signed between Verisign and ICANN to maintain and manage the .COM registry in 2006, the price for the most popular TLD in the world has increased consistently over the past few years. And on January 14th, .COM prices will rise once again by a further $1.51, and .NET prices by $1.55.
With this contract, Verisign has the authority to increase .COM prices by 15% every year with a 6 month notice to its Registrars. Furthermore, a similar contract signed in June last year for .NET allows for a rise of 22%.
These price increases mean that every Registrar, including Skytec, will be forced to increase their prices, so, effective January 14th, 2012, pricing of the TLDs .COM, .NET, .ORG, .BIZ, .INFO, .US and .NAME will increase to $14.95. The prices remain very competitive, and you'll notice, are less than the actual increases being imposed by the domain registry VeriSign.