[Your Name] [Your Address] [City, State, ZIP code] [Email Address] [Phone Number] [Date] [Customer Name] [Customer Address] [City, State, ZIP code] Subject: Notice of Price Increase Dear [Customer Name], I hope this letter finds you well. We greatly value your business and would like to express our gratitude for your continued support and loyalty as a customer of [Your Company Name]. However, it is with regret that we must inform you of an upcoming price increase for our products/services, effective from [date]. This decision was not made lightly and is necessitated by several factors beyond our control, including rising costs of raw materials, transportation, and operational expenses. We understand the potential impact this increase may have on your budget and assure you that this decision is essential to maintain the quality of our offerings and provide you with the exceptional service you have come to expect from us. The price increase will vary depending on the product/service you currently purchase from us. Below, we have outlined the specific changes: 1. [Product/Service Name 1]: — Current Price: $[Current Price— - New Price: $[New Price] — Effective Date: [Date] 2. [Product/Service Name 2]: — Current Price: $[Current Price— - New Price: $[New Price] — Effective Date: [Date] 3. [Product/Service Name 3]: — Current Price: $[Current Price— - New Price: $[New Price] — Effective Date: [Date] We understand that price adjustments can be burdensome, and we want to work with you to mitigate any adverse effects. As such, we encourage you to reach out to discuss your specific situation and explore potential alternatives that may help alleviate the impact of the price increase. Please note that this price adjustment will not affect any existing contracts or agreements we have with you until the renewal period stated in those agreements. We genuinely value your business and strive to maintain transparent communication. If you have any questions or concerns, please do not hesitate to contact us. Our dedicated customer service team is available to assist you in any way possible. We appreciate your understanding and continued support during this transition. Thank you again for your trust in [Your Company Name]. Warm regards, [Your Name] [Your Title] [Your Company Name]