USPS filed notice Jan. 15 with the Postal Regulatory Commission (PRC) of a price increase for Mailing Services products based upon Consumer Price Index (CPI) cap authority.
The filing, if approved, would keep Forever stamps at their current price of 49 cents.
Here are the current and proposed First-Class Mail prices for Mailing Services products:
- Letters (1-ounce): 49 cents (current), 49 cents (proposed)
- Letters additional ounces: 21 cents (current), 22 cents (proposed)
- Letters to all international destinations: $1.15 (current), $1.20 (proposed)
- Postcards: 34 cents (current), 35 cents (proposed)
The Jan. 15 filing is the latest in a series of steps the Postal Service has taken through a comprehensive approach to achieve financial stability.
By growing volume, revenue and contribution, the Postal Service will continue to meet the nation’s mailing and shipping needs into the future. While improving efficiency in streamlining its network and seeking legislative changes, the Postal Service must also address an outdated business model.
In addition to maintaining single-piece stamp prices at 49 cents, the filing addresses the PRC’s concerns about products that don’t cover their own costs and simplifies Special Services to make them easier for customers to use.
The filing, which doesn’t affect USPS shipping products and services, will become effective April 26.
The PRC will review the prices before they become effective and must agree the prices are consistent with applicable law.