September 22nd, prices are set to go up for PlayStation Plus members. Sony said in its recent blog that the following tiers of subscription would increase for all users...

• Monthly plan will be unchanged in US... 11.99 CAD in Canada, and remain $9.99 USD in the U.S
•  Three months $24.99 USD/$29.99 CAD
• Year 59.99 USD/ $69.99 CAD

Sony did not explain why there was a price hike but did state that it's the first time the price has changed since the service launched in 2010. The news ultra sucks for me as I just subscribed! Where's my reparations for the last 6 years?!

In either case, make sure if you don't want to continue subscribing you do so by September 22nd.