It’s often hard to read between the lines and figure out if postage rates have been officially approved or simply proposed by the United States Postal Service (USPS).
For instance, the September 2013 USPS rate increase announcement was actually just a proposal to increase postage prices. In order for new postage rates to be known for certain, they needed to be approved by the Postal Regulatory Commission (PRC).
“The Commission is an independent agency that has exercised regulatory oversight over the Postal Service since its creation by the Postal Reorganization Act of 1970. The Commission is composed of five Commissioners, each of whom is appointed by the President, by and with the advice and consent of the Senate, for a term of six years.” – http://www.prc.gov/
The PRC made the official announcement 3 days ago on December 24, 2013 that the USPS proposed postage rates are approved and will go into effect on January 26, 2014. Click to read the press release.
The price of a first-class stamp is increasing from $.46 to $.49 cents; an increase of $.03 per postage stamp.
Common postage prices to be aware of include:
- Letters (1 oz.) — 3-cent increase to 49 cents
- Letters additional ounces — 1-cent increase to 21 cents
- Letters to all international destinations (1 oz.) — $1.15
- Postcards — 1-cent increase to 34 cents
Certified Mail service by the postal service is also seeing price increases. Certified Mail base fees will be $3.30. Certified Mail Green Card fees (PS Form 3811) will increase to $2.70 while Electronic Return Receipt (ERR) fees will increase to $1.35. For simpler math, a certified letter weighing less than an ounce with green card receipt will cost $6.49 each at the Post Office ($.49 first-class postage + $3.30 certified mail fee + $2.70 certified mail return card).