Rate Change

USPS® Rate Change Effective January 22, 2017.

 

The United States Postal Service (USPS®) received approval from the Postal Regulatory Commission (PRC) to implement new rates for both their mailing and shipping products effective January 22, 2017.  In the PRC's ruling, the USPS received the go ahead with the proposed rate changes for First-Class Mail®, Standard Mail, Periodical and Package Service products. The Special Service decision is still pending, but is expected to be approved before the effective date.

Notably, retail customers will see the return of First-Class stamps to 49 cents. But there is a big silver lining for postage meter users, who will get a reduced meter rate of 46 cents for First-Class Mail, amounting to a 6% savings.

The Postal Service also received the approval for proposed price changes for some shipping products. These include price adjustments to Priority Mail Flat Rate Boxes and Priority Mail Flat Rate Envelopes. For more information on this story, visit our blog.

Make rate change easy for your business.

All new Neopost iMeter Digital Postage Meters come with our postal rates app. The app automatically updates your machine whenever the USPS® makes changes to its rates, delivery service fees and postal zones.

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The following are details from the rate change on August 28, 2016

The USPS® has announced a series of changes set to be effective on August 28, 2016. The majority of the changes are the "behind the scenes" sort (data security updates and upgrades to increase efficiency) and will not be readily visible to their customers. We will spare you the details, but rest assured the postal service continues to work hard to upgrade its infrastructure. There are two customer facing changes you may notice. Will they have a direct impact on your business? Read below to find out.


Two Things To Note Regarding the August Update

  1. Minor Rate Adjustment: This price update will mostly impact parties who ship lightweight goods, as it only applies to First Class Mail parcels weighing between 1-3 ounces. Full details can be found here on our blog.
  2. Expanded Mail Service To Cuba: The USPS has expanded its Priority Mail International® (PMI) service to the Caribbean nation. In addition to Flat Rate Envelopes and Small Flat Rate Boxes, USPS customers will also be able to send single piece parcels, as well as Medium and Large Flat Rate Boxes. Click here to see the full details on our blog. 

 

 

The following are details from the rate decrease on April 10, 2016

 

What will Your Business Save?

The U.S. Postal Service (USPS) is set to reduce First-Class Mail prices on Sunday, April 10, 2016. Yes, you read that right: the rate change is a reduction for the first time in nearly a century! Regardless of the type of mail or sort levels, you will realize average savings of over 4%.

Why now? The reduction comes with the expiration of legislation that imposed an exigent surcharge for mailing products and services for two years. The goal was to help the USPS manage financial challenges mainly due to the recession and declining First-Class mail volumes. The 4.3% exigent surcharge is set to be reversed after the USPS collects additional funds totaling $4.6 billion. They are expected to hit this threshold by April 10, 2016.

How the Rate Reductions Stack Up

 

FIRST-CLASS MAIL

  • Stamp price decreases to 47 cents
  • ~4.2% decrease for all First-Class

 

STANDARD MAIL

  • ~4.2% decrease for all Standard Mail

 

PERIODICALS

 

PACKAGE SERVICES

  • ~4.2% decrease for all Package Services
  • Retain $0.001 IMb barcode discount for BPM Flats

 

FULL SERVICE

  • Full services IMb incentives remain in place

 

SPECIAL SERVICES

  • ~4.2% decrease for Special Services

*Note: The cost of sending Certified Mail with Return Receipt will now be $6.47 (compared to $6.74) for a one ounce letter. Consider checking 2-3 day rates with your private carriers to see if they are less money. Or, switch to Electronic Return Receipt which saves $1.35 each.

 

What does the rollback mean for your business?

Below are estimated savings based on average monthly spend on postal products and services:

*Note: Consider using your savings to send out higher volumes that can bring in more customers and more sales!

 

Information & Resources

You’ll find more details, rates and downloadable files at USPS, including:

Make rate change easy for your business.

All new Neopost iMeter Digital Postage Meters come with our postal rates app. The app automatically updates your machine whenever the USPS® makes changes to its rates, delivery service fees and postal zones.

Order Now
 

Get the savings and service you deserve.

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Or, learn how you can save.

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USPS Rate Guide

Updated for the January 2017 rate increase. Have the latest rates right at your fingertips.

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