diff --git a/plugins/cost-insights/CHANGELOG.md b/plugins/cost-insights/CHANGELOG.md
index a979f1476b..78d4c69da4 100644
--- a/plugins/cost-insights/CHANGELOG.md
+++ b/plugins/cost-insights/CHANGELOG.md
@@ -1,5 +1,11 @@
 # @backstage/plugin-cost-insights
 
+## 0.7.0
+
+### Minor Changes
+
+- 19172f5a9: add alert hooks
+
 ## 0.6.0
 
 ### Minor Changes
diff --git a/plugins/cost-insights/package.json b/plugins/cost-insights/package.json
index 72a9e92633..022e778150 100644
--- a/plugins/cost-insights/package.json
+++ b/plugins/cost-insights/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@backstage/plugin-cost-insights",
-  "version": "0.6.0",
+  "version": "0.7.0",
   "main": "src/index.ts",
   "types": "src/index.ts",
   "license": "Apache-2.0",