Dear {Name},
I’m reaching out to let you know in advance that we must raise our rates effective in {time period}.
I apologize for any impact this may have on your budget. We have weathered our own cost increases due to {supply chain/fuel/labor/import fees/etc.} and can no longer absorb it all. Recently, we learned that {additional expense} is going up as well. We simply must pass along some of this burden to our valued clients.
Thank you so much for your continued patronage. We appreciate you and look forward to serving you in the future.
Sincerely,
{Name}
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Index of letter of apology templates
