USPS New Prices for January 22, 2023
October 10 2022

USPS New Prices for January 22, 2023

Posted By | Tina Jeremiah
Posted On | October 10 2022

The USPS™ Announces New Prices Starting January 22, 2023

As part of "Delivering for America", its 10-year plan, through 2030, to achieve financial sustainability and service excellence, the United States Postal Service  filed notice with the Postal Regulatory Commission (PRC) for price changes to take effect January 22, 2023 that are in accordance with the rules recently established by PRC.  As of July 2022, the USPS will be increasing First Class Mail letter prices TWO times a year.


The new rates include a three-cent increase in the price of a First-Class Forever stamp from 60 cents to 63 cents.  If favorably reviewed by the Commission, the proposed increases will raise First-Class Mail prices approximately 4.2% to offset the rise in inflation.


The price for 1 oz. METERED First-Class Mail will increase to 60 cents and the price of a domestic postcard to 48 cents.  A 1 oz. Flat will increase to $1.26.  A 1 oz. letter mailed to another country would increase to $1.45.  There will be no change to the single-piece letter and flat additional-ounce price, which remains at 24 cents.  The Postal Service is also seeking price adjustments for Special Services products including Certified Mail (proposed at $4.15), PO Box rental fees, money orders, and the cost to purchase insurance when mailing an item.


The new First Class Mail prices include but not limited to:


 Product


2022 Current Prices


2023 Planned Prices


Letters (1 oz.)


$  .60


$  .63


Letters (Metered 1 oz.)


$  .57


$  .60


Flats (1 oz.)


$1.20


$1.26

Single Pc. Additional Oz.
(Letter and Flat)


$  .24


$  .24


Domestic Postcards


$  .44


$  .48


International Postcards


$1.40


$1.45


International Letter (1 oz.) Groups 1-9


$1.40


$1.45


Certified Mail


$4.00


$4.15


Return Receipt


$3.25 (Green Card by Mail)
$2.00 (Electronic)


$3.35 (Green Card by Mail)
$2.10 (Electronic)


Please visit the USPS site to download an Excel spreadsheet with all the prices at https://pe.usps.com/PriceChange.

 

It's time to think about presort prices:  With the right mail volume, you can take advantage of the USPS Presort discounts and pay only $0.455 for postage (proposed .471 for 2023).  First Class Mail presorted postage may increase 3 cents but sorting invoices, statements and bills by zip code is still advantageous and cost-effective.  Now might be the time to make it part of your mail prep process.

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 10 years which started in 2020.  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.

 

"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.

 

Proposed for January 22, 2023, reduced pricing for some Retail Priority Mail Flat-Rate® products will be below the temporary price currently in place.

 

 

 Product

October 2022

Temporary Rates

January 2023

Proposed
Rates

Small Flat Rate Box

$10.40

$10.20

Medium Flat Rate Box

$17.05

$17.10

Large Flat Rate Box

$22.45

$22.80

APO/FPO Large Flat Rate Box

$20.95

$21.20

Regular Flat Rate Envelope

$  9.90

$  9.95

Legal Flat Rate Envelope

$10.20

$  9.95

Padded Flat Rate Envelope

$10.60

$10.40



Other 2023 highlights also include:
  • No price increase for Parcel Select Ground, coupled with the USPS's recently improved service standard to 2-5 days from 2-8 days.
  • No price increase for USPS Connect Local, which gives businesses of all sizes the ability to reach local customers at affordable rates
  • Priority Mail Commercial rate to increase by 3.6%, well below the rate of inflation.

Overall, Priority Mail service prices would increase approximately 5.5%, Priority Mail Express would increase by 6.6% and First-Class Package Service prices would increase by 7.8%.


 

 

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. Search Docket number CP2023-42.

A fact sheet on the Postal Service's rate change request is available here: https://about.usps.com/newsroom/national-releases/2022/1007-usps-announces-new-prices-for-2023.htm


The Domestic Mail Manual (DMM®) and the DMM Advisories are available on the Postal Explorer®'s website (https://pe.usps.com/DMM300/Indexpe.usps.com)



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