UPDATE April 20, 2015 — The USPS has received preliminary approval to schedule the rate change for May 31, 2015.
The U.S. Postal Service pulled back on its scheduled April 26, 2015 rate change due to challenges in getting approval from the Postal Regulatory Commission (PRC). In particular, the PRC is still contending some elements of Standard Mail, Periodicals and Package Service mail classes. This marks the second time the PRC has rejected the USPS proposal.
Although the PRC approved all other elements of the proposed new rates (including First Class Mail and Priority Mail), the USPS decided to wait until the entire proposal is approved before setting a new date.
The USPS announced the delay in a recent Industry Alert email: “The Postal Service Governors decided today to delay the implementation of new market-dominant and competitive rates and classification changes until all of our proposed market-dominant changes are approved by the Postal Regulatory Commission (“PRC”). This decision was primarily motivated by a desire to eliminate potential adverse impacts on postal customers that might result from a staggered implementation of our new prices.”
You can read about most of the approved rate changes on our original post about the April rate change. When the new rates go live, postage meter users will see a half-cent increase in 1oz First Class letters. Priority Mail will remain unchanged.
The new effective date will probably be 45 days following the date of final acceptance. When the new rate change date is announced, FP customers can learn how to update their equipment’s rates at the FP Rate Update Center.