Pricing & Classification DMM Advisory
October 9, 2020
U.S. Postal Service Announces New Prices for 2021
No Increase in Forever Stamp
The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) today of price changes to take effect Jan. 24, 2021.
The proposed prices, approved by the Governors of the Postal Service, would raise Mailing Services product prices approximately 1.8 percent for First-Class Mail and 1.5 percent for other categories. Although Mailing Services price increases are based on the Consumer Price Index, International Shipping Services prices are primarily adjusted according to market conditions. The Governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue.
If favorably reviewed by the PRC, the new prices will include no increase in the price of a First-Class Mail Forever stamp, which would remain at 55 cents. The single-piece letter additional ounce price would increase to 20 cents, metered mail one ounce price would increase to 51 cents, with the prices of postcard stamps increasing to 36 cents, and single piece, one ounce flat prices will remain unchanged at $1.
The proposed Mailing Services price changes include:
Product | Current | Planned Increase |
---|---|---|
Letters (1 oz.) | 55 cents | 55 cents |
Letters additional ounces | 15 cents | 20 cents |
Letters (metered 1 oz.) | 50 cents | 51 cents |
Flats (1 oz.) | $1 | $1 |
Domestic Postcards | 35 cents | 36 cents |
The Postal Service has some of the lowest letter mail postage rates in the industrialized world and also continues to offer a great value in shipping. Unlike some other shippers, the Postal Service does not add surcharges for fuel, residential delivery, or regular Saturday.
The PRC will review the prices before they are scheduled to take effect Jan. 24, 2021. The complete Postal Service price filings with prices for all products can be found on the PRC site under the Daily Listings section at prc.gov/dockets/daily.For the Mailing Services filing see Docket No. R2021-1. For the International Shipping Services filing see Docket No. CP2021-15. The price change tables are also available on the Postal Service’s Postal Explorer website atpe.usps.com.
The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations