Feras Alhlou walks through when consultants should raise their rates. He suggests doing it after landing a few successful projects with happy clients and testimonials, like moving from $150/hr to $175/hr on your next proposal.
Can you raise hourly rates later? Of course you can raise hourly rates at will whenever you want. You're the business owner, you're the CEO. That's why you started this business because you can make those decisions. Let's say you completed 3 projects at $150 an hour and you felt good about it. The clients are happy, you solved the problems, you got the testimonials, the clients are singing your praises. My friend, up it to $175 on your next proposal.
