About a week ago, we heard that Sirius XM was planning to jack up its subscription fees. Naturally, that news didn’t go over so well with a lot of current subscribers. It wasn’t a bad dream. It’s happening—and you’ll see a reflection in your bill starting March 11.

After that date, those of you with multiple subscriptions will have to pay an extra two bucks a month, making the cost $8.99 per additional account. Also, online listening will no longer be free. Supposedly, they are tweaking the service “to near CD-quality digital audio.” Of course, that will cost another $2.99 per month.

Back in those pre-merger days, Sirius told the FCC that it would not raise prices on its basic $13 monthly service and other programming packages. By raising other areas of its service, they have apparently found a loophole. Apparently, there might be one for subscribers, too.

Engadget says that both XM and Sirius have web pages that will allow you to lock into your current rates. That’s contingent on subscribers renewing service. So what happens if you have a month-to-month program? It looks like you’ll have to fork over a year’s worth of fees to get grandfathered.

Has the price hike soured you on Sirius XM services? Are you planning to cancel your services? Sound off in the comments section below.

Rachel Cericola - Contributing Writer

Over the past 15 years, Rachel Cericola has covered entertainment, web and technology trends. Check her out at www.rachelcericola.com.