October 13, 2016
WASHINGTON — The United States Postal Service today filed notice with the Postal Regulatory Commission (PRC) of price changes for Mailing Services products planning to take effect in January 2017. The proposal includes a two cent increase in the price of a First-Class Mail Forever stamp, returning the price to 49 cents, which was the price of a Forever stamp before the Postal Service was required to remove the exigent surcharge by the PRC. The new prices, if approved, include a single price for First-Class Mail commercial presort letters weighing up to 3.5 ounces and a reduction in the one ounce meter price to 46 cents. This pricing strategy is designed to keep bills and statements in the mail by continuing to add value to commercial First-Class Mail.
Standard Mail is being rebranded as USPS Marketing Mail to better align the product name with our customer’s use of this mail class. Proposed changes in Marketing Mail include removing the Flats Sequencing System (FSS) pricing, which was of concern to mailers. This change will ensure that mailers pay for flats based on their volume density instead of the equipment flats are processed on. In addition, other changes include increasing the piece pound breakpoint from 3.3 to 4.0 ounces for Marketing Mail Flats and Parcel shaped pieces to encourage mailers to include more content, which will lead to more sales for mailers and support volume growth.
Some examples of new prices as follows:
Letters (1 oz.): from 47 cents to 49 cents
Letters additional ounces: unchanged at 21 cents
Letters to all international destinations: unchanged at $1.15
Postcards: unchanged at 34 cents
Stamp prices have stayed consistent with the average annual rate of inflation since the Postal Service was formed in 1971.
Pricing for Standard Mail, Periodicals, Package Services and Extra Services will also be adjusted next year and can be found at www.prc.gov. The PRC will review the prices before they are scheduled to become effective on Jan. 22, 2017. Today’s filing does not affect Postal Service Shipping products and services.
The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
Source: United States Postal Service, Postal Service Announces 2017 Mailing Services Prices.
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