Just received this from Namecheap. This is an official notification regarding a cost increase for .net domain names. VeriSign, the registry responsible for .net, is raising its costs for .net domain registrations, renewals, and transfers. As a result, we are forced to update our prices as well. On January 30th, 2015, the new price for .net domains will be $12.48/yr. + the ICANN fee. We will continue to offer multi-year registration and renewal discounts on our site. In reaction to this increase, we are having a Renewal Special on the 29th of January ($0.98 off your regular renewal rate). You will not need a coupon to take advantage of this deal. Just process your renewal and the price will automatically update in your cart. Mark the date, as it's coming up quickly. If you cannot join us on Friday, 29th January, we highly recommend that you renew any .net domains (for multiple years) prior to January 30, 2015, in order to take advantage of your current price and to save money in the long run. If you have any questions or would like assistance in renewing your domains early, don't hesitate to contact our support department. We are here to assist you. We apologize for the inconvenience, and thank you for using Namecheap.