The
United States Postal Service today announced proposed price changes, including
an increase in the price of a First-Class Mail single-piece letter from 46
cents to 49 cents. The proposed changes, which would go into effect in January
2014, are intended to generate $2 billion in incremental annual revenue for the
Postal Service.
Highlights
of the new single-piece First-Class Mail pricing, effective Jan. 26, 2014
include:Letters (1 oz.) - 3-cent increase to 49 cents
Letters additional ounces - 1-cent increase to 21 cents
Pricing
for Standard Mail, Periodicals, Package Services and Extra Services also will
be adjusted as part of a filing to the Postal Regulatory Commission (PRC)
scheduled to take place Sept. 26.
The
Governors of the Postal Service voted Sept. 24 to seek price increases above
the typical annual increases associated with changes in the Consumer Price
Index (CPI).
The
PRC will review the prices before they become effective Jan. 26, 2014, and must
agree the prices are consistent with applicable law. The new price proposals
are scheduled to be filed Sept. 26 and will be available on the PRC website at
www.prc.gov and also will be available at http://pe.usps.com.
