Your board of directors has just voted to increase rates by 33 percent over the next six months. Devise a letter to your customers explaining this change and how it will be implemented


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Your board of directors has just voted to increase rates by 33 percent over the next six months. Devise a letter to your customers explaining this change and how it will be implemented


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Please create a 1- 2 page Business Letter using the following scenario:

Your company is well known for providing efficient, inexpensive electrical power. You’ve been around for more than 100 years and have not had a rate increase since 1975. Your board of directors has just voted to increase rates by 33 percent over the next six months. Devise a letter to your customers explaining this change and how it will be implemented. Be persuasive, but you cannot be certain the rate increase will be enough to save the company and even more rate increases are likely. Use a three to five step plan as part of your explanation.