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On April 6, 2022, the United States Postal Service® filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect July 10, 2022. On June 9, 2022, the PRC announced the approval of changes, which include a two-cent increase in the price of a First-Class Mail Forever stamp from 58 cents to 60 cents.
The proposed prices, approved by the Governors of the U.S. Postal Service, would raise First-Class Mail® prices approximately 6.5 percent, which is lower than the Bureau Labor Statistics annual inflation rate of 7.9 percent as of the end of February. The price changes reflect a judicious implementation of the Postal Service’s pricing authority provided by the PRC.
For information on the July 2022 Competitive Products and International Special Services price changes, see July 2022 Postage Price Changes – Competitive Products and International Special Services.
The new First-Class Mail prices can be summarized as follows:
|First-Class Mail||Current Price||Proposed Price|
|One-ounce letter, domestic||$0.58||$0.60|
|Single-piece letter, additional ounce||$0.20||$0.24|
|Metered mail 1-ounce||$0.53||$0.57|
|One-ounce letter, international||$1.30||$1.40|
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.
As inflation and increased operating expenses continue, these price adjustments will help with the implementation of the Delivering for America plan, including a $40 billion investment in core Postal Service infrastructure over the next ten years. With the new prices, the Postal Service will continue to provide the lowest letter-mail postage rates in the industrialized world and offer a great value in shipping.
The PRC has reviewed and approved the prices. The complete Postal Service price filing with prices for all products can be found on the PRC site under the Daily Listings section at https://www.prc.gov/dockets/daily. The Mailing Services filing is Docket No. R2022-1. The price change tables are also available on the Postal Service’s Postal Explorer website at https://pe.usps.com/PriceChange/Index.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products, and services to fund its operations.
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.