Google has unveiled pricing details for its gigabit Internet service in Austin, which is set to launch next month. A basic version of the service, featuring download speeds of 5 Mbps and upload speeds of 1 Mbps, will be available for no monthly charge, although users will have to pay a one-time equipment installation fee of $300, which can be paid all at once or spread over 12 months.

The promised 1Gbps service will be available for $70 per month -- those who opt for the plan will also get 1TB of cloud storage across Google Drive, Gmail, and Google+ photos. Google is also offering a $130 combo pack that includes gigabit-speed Internet service, 1TB cloud storage, as well as over 150 TV channels, and the ability to record up to 8 shows at once.

“How you’ll use 1-gigabit in the near-term is to do the same things, just a whole lot faster,” said Mark Strama, the former state representative who is heading up Google Fiber’s efforts in the city. “But what’s really exciting about 1-gigabit is all the apps that haven’t even been developed yet.”

Just to give you an idea, the 1-gigabit service is fast enough to download 25 songs in a second, a TV show in less than 3 seconds, and an HD movie in less than 36 seconds.

The news comes just a few weeks after Google started rolling out an Early Access Program for Google Fiber for Small Business in select areas of central Kansas City.