On Monday, April 10, the Postal Service filed for Market Dominant Price Changes with the PRC (Postal Regulatory Commission) that will go into effect on Sunday, July 9, 2023. These rates are proposed until deemed final, though they will most likely go into effect as much prework was done to pre-validate these changes.
Highlights of note:
Single Piece Forever Stamps will go from $.63 to $.66 – that’s a 4.8% increase or an extra $.03 per stamp.
First Class Presorted Automation Letter Rates will go up on average 6% or $.029 per piece.
First Class Presorted Automation Flat Rates are increasing by amounts that are highest at the lowest weight break with an average of 16.7% or $.148 per piece at 1 oz and less, to 3.9% or $.148 per piece at the 12.1-13 oz weight bracket.
Nonprofit Marketing Mail Auto Letters are going up on average 10% or $.011 per piece (note: this does not represent the actual impact to Commingle Rates).
Nonprofit Marketing Mail Flats (4 oz or less) are going up on average 9% or $.049 per piece.
The pricing structure on Nonprofit Automation Marketing Mail Flats (Greater than 4 oz) is changing and we will now see per-piece rates that will be consistent for pieces both less than and greater than 4 oz.
Pieces over 4 oz will still have a pound rate charge that will apply to the weight above 4 oz. Average increases vary depending on the piece weight, sortation levels and destination entry, so we highly recommend postage analysis be reviewed for each scenario. For example:
A 3-Digit Nonprofit Marketing Mail Flat at 9 oz that is entered local entry now costs a mailer $.805 per piece and the new rate would be $.782 (a decrease of $.024 or 2.9%).
A 5-Digit Nonprofit Marketing Mail Flat at 5 oz entered at the DNDC Discount now costs a mailer $.330 per piece and the new rate would be $.357 (an increase of $.027 or 8.3%).
A 5-Digit Nonprofit Marketing Mail Flat at 7 oz entered at the DSCF Discount now costs a mailer $0.377 per piece and the new rate would be $.425 (an increase of $.049 or 12.9%).