The United States Postal Service has recently filed for a price increase that will take effect in January of 2012. Overall, the price increase averages 2.1%. Some of the changes include:
- First class stamps increase a penny to 45-cents
- First class postcard rates increase 3-cents to 32-cents
- Standard mail letter & flat rates increase about 1/2-cent
- Non-profit letter rates increase about 1/2-cent
Postmaster General Patrick Donahoe had this to say:
“The overall average price increase is small and is needed to help address our current financial crisis. We continue to take actions within our control to increase revenue in other ways and to aggressively cut costs. To return to sound financial footing we urgently need enactment of comprehensive, long-term legislation to provide the Postal Service with a more flexible business model.”
There is some help for first class mailers. The second ounce will now be free for First Class Presort mailers. This will allow for testing different marketing options especially for statement mailers.
For more information about the Postal rate changes you can follow this link:
POSTAL RATE FILING 2012