[Your Business Name]
[Business Address]
[City, State, ZIP]
[Phone] | [Email] | [Website]
Date: [Date]
To: [Customer Name]
[Customer Address]
[City, State, ZIP]
Subject: Notice of Price Increase (Effective [Effective Date])
1. Pricing Update Notice
We are writing to inform you that the price of [Product/Service/Plan Name] will increase effective [Effective Date].
2. Current Price and New Price
-
Current price: $[Current Price] per [billing period/unit]
-
New price: $[New Price] per [billing period/unit]
-
What is changing: [Brief description—base rate, add-on, plan tier, etc.]
Current price: $[Current Price] per [billing period/unit]
New price: $[New Price] per [billing period/unit]
What is changing: [Brief description—base rate, add-on, plan tier, etc.]
3. Why We’re Making This Change (Optional)
This update reflects [increased costs / expanded features / improved service levels / market conditions / other reason]. We remain committed to providing reliable service and continued improvements.
4. What You Need to Do
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☐ No action required. Your pricing will update automatically on or after [Effective Date].
-
☐ Plan update required. Please review and select your plan by [Deadline Date].
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☐ Renewal-based change. The new pricing will apply at your next renewal on [Renewal Date].
☐ No action required. Your pricing will update automatically on or after [Effective Date].
☐ Plan update required. Please review and select your plan by [Deadline Date].
☐ Renewal-based change. The new pricing will apply at your next renewal on [Renewal Date].
5. Updated Terms (Optional)
Updated pricing and terms are available at: [URL or location]. If your contract requires a written amendment, we will provide it upon request.
6. Questions
If you have questions, please contact us at [Support Email] or [Support Phone].
Sincerely,
[Authorized Name]
[Title]
[Your Business Name]
Signatures
[Authorized Name]
Title: [Title]
Date: [Date]
Signature: ___________________________