USPS Proposed New Prices for August 29, 2021
May 28 2021

USPS Proposed New Prices for August 29, 2021

Posted By | Tina Jeremiah
Posted On | May 28 2021

BREAKING NEWS!! The USPS™ Announces Request for New Prices Starting August 29, 2021

 

As part of "Delivering for America", its 10-year plan to achieve financial sustainability and service excellence, the United States Postal Service™ filed notice, 5/28/21, with the Postal Regulatory Commission (PRC) proposing price changes to take effect August 29, 2021 that are in accordance with the rules recently established by PRC last year.  The new prices, if approved, include

A three-cent increase in the price of a First-Class Mail® Forever® stamp from .55 cents to .58 cents.

Metered 1 oz. letters will raise from .51 cents to .53 cents. 

Postcard prices will increase .04 ea.

1 oz. Flats will jump from $1.00 to $1.16. 

Certified Mail will also be affected.  The Certified Mail fee and cost of Return Receipt are both subject to substantial increases.  Certified Mail is increasing .15 cents, from $3.60 to $3.75, while Return Receipt will increase .20 cents to $3.05. 

And other increases include Presort Letters (bills and statements), Marketing Mail, Periodicals (Newspapers, magazines, etc.), Package Services (Bound Printed Matter, media mail, library mail), Special Services (Money Orders, Return Receipt, Certified Mail).

 

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The proposed price changes would raise overall Market Dominant product and service prices by approximately 6.9%.  First-Class Mail prices would increase 6.8% to partially offset declining revenue due to First-Class Mail volume declines.  In the past 10 years, mail volume has declined by 46 BILLION pieces, or 28%, and is continuing to decline.  Over the same period, First-Class Mail volume has dropped 32% and single piece First-Class Mail volume, including letters bearing stamps, have declined 47%.

 

"For the past 14 years, the Postal Service has had limited pricing authority to respond to changing market realities", said Postmaster General and CEO Louis DeJoy.  "As part of our 10-year plan to achieve financial sustainability and service excellence, the Postal Service and the Board of Governors are committed to judiciously implementing a rational pricing approach that helps enable us to remain viable and competitive and offer reliable postal services that are among the most affordable in the world."  Under the current pricing model and the proposed rate change, the Postal Service still has some of the lowest letter-mail postage rates in the industrialized world and continues to offer a great value in shipping.

 

SINGLE PIECE LETTER-MAIL POSTAGE RATES, INTERNATIONAL

 

In 2020, the Postal Service delivered approximately 129.2 BILLION pieces of mail and packages to customers located in every state and territory, county, city, town and rural area in the nation at over 161 million delivery points.

 

The proposed Mailing Services price changes for August 29, 2021 include:

 

Product

Current

Proposed

Letters (1 oz.)  

 

Flats (1 oz.)

55 cents

 

$1.00

58 cents

 

$1.16

Letters additional ounces    

20 cents

20 cents

Letters (metered 1 oz.)

51 cents

53 cents

Outbound International Letters (1 oz.) 

$1.20

$1.30

Domestic Postcards   

36 cents

40 cents

 

The domestic Priority Mail Flat Rate® retail price changes will not change at this time:

 

 Product

Current

CBP

Small Flat Rate Box

$8.45

$7.90

Medium Flat Rate Box

$15.50

$13.75

Large Flat Rate Box

$21.90

$19.30

APO/FPO Large Flat Rate Box

$20.40

$17.80

Regular Flat Rate Envelope

$7.95

$7.40

Legal Flat Rate Envelope

$8.25

$7.70

Padded Flat Rate Envelope

$8.55

$8.00

 

The complete Postal Service price filings with prices for all products can be found on the PRC site at https://www.prc.gov/dockets/active/R. A fact sheet on the Postal Service’s rate change request is available here: https://about.usps.com/what/strategic-plans/delivering-for-america/#prc

 

The Domestic Mail Manual (DMM®) and DMM Advisories are available on Postal Explorer® (pe.usps.com)



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