USPS Announces January Price Increase for First-Class Mail
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iStockphoto/Thinkstock(NEW YORK) — Starting next month, sending First-Class mail through the United States Postal Service will be a little bit more expensive.
The USPS announced on Tuesday that First-Class stamps will cost an extra three cents, jumping from 46 cents to 49 cents starting on Jan. 26. Despite the rate increase, the higher prices may not be permanent.
The Postal Regulatory Commission, which oversees the USPS, approved an “exigent” price increase, but refused to make the new rate permanent, despite the USPS’s request. Instead, the PRC approval forces the Postal Service to come up with a strategy to phase out that increase once the money lost during the recession is recovered.
The order from the PRC also states that the new price cannot last for longer than two years.
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