Ah the "wait don't cancel yet" gimmick here. Don't worry, you're grandfathered in, you'll get to keep your price.
They said the same with Xbox Live Gold plans, and office subscriptions. They just wait a few months to a year until anger has died down and then they say you're paying the same as everyone else .
Microsoft is patient. They'll get your money. They want you thinking that you got a deal so you'll stay within their ecosystem, and the longer you stay the less likely you are to leave. The only exit is to cancel, sooner than later.