Sample Letter to Inform Customers of Price Increase

[Reciever’s Name] 

[Reciever’s Address] 

[City, State, ZIP] 

[Subject: Increase in Price - Always mention the subject in bold] 

Dear [Reciever], 

Let me avail this opportunity and thank you for being a prominent and true-hearted customer of [Company] over the years. At [Company], our customer satisfaction has always been a priority, and I hope we have done a capable job keeping your best interest first. 

Unfortunately, due to the current financial situation, I regretfully inform you that we will have to increase the prices of our service/products. The price change for the products are as follows: 

[Mention The products and their new price].

The price change will come into effect from [date]. Please note that our new prices will allow us to maintain the quality and allow you to serve better. 

[Company] sincerely values your business, and we are glad to have customers like you. 

Regards,

[Sender Name]