The United States Postal Service (USPS®) filed notice with the Postal Regulatory Commissions (PRC) of proposed price changes for Mailing Services products to take effect January 22, 2017. The new proposed rate represents approximately an overall 0.87% increase over the current prices, with the biggest change being the First Class Mail® price increase (see chart below).
For FP meter users, if approved, prices could actually decrease.
The proposed cost decrease of Metered First Class single piece mail is from $0.465 to $0.46 per envelope. This is the second year in a row that metered First Class single piece mail prices have seen a decrease. These lower costs can help small businesses significantly.
Below is a brief summary of the proposed changes:
|January 2017 Proposed Rates – Letter and Postcards|
|Mail Piece||Current Price||Proposed Price||% Change|
|First-Class Mail Metered Mail||$0.465||$0.460||-1.1%|
|First-Class Mail Letter (1 oz.)||$0.47||$0.49||4.1%|
|Additional Ounces||$0.21||$0.21||No Change|
|First-Class Mail Flat/Large Envelope (1 oz.)||$0.94||$0.98||4.1%|
The price change does not include any price change for Postcards, for letters being mailed to international destinations or for additional ounces for letters.
– Standard Mail (commonly referred to as “direct mail”) will be rebranded as USPS Marketing Mail so as to better align the product name with business owners’ use of the mail class.
– Library Mail will see an overall price increase of 1.135%.
– Special services like Certificate of Mailing, Collect on Delivery, Return Receipt, Registered Mail and Signature Confirmation will also see an increase in 2017.
No Action Needed For FP Mailing Solutions Customers
The proposed rate increase is still under review and has not formally been approved. Once a formal approval has been announced, all FP Dealers and Customers will be notified of the next steps.
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.