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The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of mailing services price changes to take effect July 9, 2023. The new rates include a three-cent increase in the price of a First-Class Mail Forever stamp from 63 cents to 66 cents.
If favorably reviewed by the Commission, the proposed increases will raise First-Class Mail prices approximately 5.4 percent to offset the rise in inflation. The price changes have been approved by the Governors of the U.S. Postal Service.
The price for 1-ounce metered mail will increase to 63 cents, and the price to send a domestic postcard will increase to 51 cents. A 1-ounce letter mailed to another country would increase to $1.50. There will be no change to the single-piece letter and flat additional-ounce price, which remains at 24 cents. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item.
The proposed Mailing Services price changes include:
|Product||Current Prices||Planned Prices|
|Letters (1 oz.)||63 cents||66 cents|
|Letters (metered 1 oz.)||60 cents||63 cents|
|Domestic Postcards||48 cents||51 cents|
|International Letter (1 oz.)||$1.45||$1.50|
As operating expenses fueled by inflation continue to rise and the effects of a previously defective pricing model are still being felt, these price adjustments are needed to provide the Postal Service with much needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan. The prices of the U.S. Postal Service remain among the most affordable in the world.
The PRC will review the changes before they are scheduled to take effect. The complete Postal Service price filing, with prices for all products, can be found on the PRC website under the Daily Listings section at prc.gov/dockets/daily. The Mailing Services filing is Docket No. R2023-2. The price tables are also available on the Postal Service’s Postal Explorer website at pe.usps.com/PriceChange/Index.
One of the best ways to simplify your daily operations and significantly reduce your costs is to take advantage of Presort Inc.’s postage metering services. You’re able to experience these benefits through:
- Automated processes that increase productivity
- Reduced handling needs for direct mail pieces
- Removed need for post office visits
Don’t let increased postal rates hold you back. Work with the experts at Presort Inc. to develop a direct mail campaign strategy that delivers more sales with reduced costs.
Direct mail is an important marketing strategy for small and medium businesses, nonprofit groups, and government agencies. Never before have physical mail and digital media been more effective in delivering a message, targeting a specific audience, and providing granular data about your campaign’s success.
Presort Inc. is an essential resource in your next direct mail campaign. We simplify your mailing solutions into a seamless process rather than having your hands tied with design, postage, and production costs. In addition to creating mailers, you also have to plan for warehousing, presorting, and a wide range of other services. With this in mind, you are probably not thinking about new postage rates.
While shipping and postage rates may increase, this doesn’t mean your marketing efforts should suffer. Instead of resorting back to the drawing board to develop a new outreach strategy, let our experts keep your creative vision alive. Presort Inc. operates closely with the USPS, so we understand the complexities of the mailing industry. With us by your side, expect a perfectly executed outreach strategy despite dealing with increased USPS mail expenses.
Presort Inc. uses the most advanced printing technology to fulfill orders of any size quickly. We can handle all your high-quality printing needs, from business catalogs to restaurant menus.