Net neutrality as we’ve known it is over. The Federal Communications Commission voted on Thursday to repeal rules over how Internet service providers, or ISPs, grant online access. And the change could have significant consequences for your Internet use—and its costs. If you’re wondering what exactly net neutrality is and how it will affect your monthly bill, a quick rundown: Net neutrality refers to the principle that ISPs must treat all digital content equally, whatever it is and wherever it’s hosted.