Stamps increased by one penny to 42¢ as of May 12

May 14, 2008
Santa Paula News

The price of a First-Class stamp has increased from 41 to 42 cents as of May 12, 2008.

The price of a First-Class stamp has increased from 41 to 42 cents as of May 12, 2008. The cost to mail a postcard also increased by a penny to 27 cents. The price to mail each additional ounce of First-Class Mail up to 13 ounces has not changed and will remain at 17 cents.Prices for other mailing services, such as Standard Mail, Periodicals, Package Services (including single-piece Parcel Post), and Special Services have also changed. The average increase by class of mail is at or below the rate of inflation as measured by the Consumer Price Index.The Postal Service developed the Forever Stamp for consumers to ease the transition during price changes. The price of a Forever Stamp is set at the time of purchase and, as its name suggests, will always cover the first ounce of First-Class Mail postage regardless of future price changes. The price of a Forever Stamp went up to 42 cents on May 12.Selected Prices and Services:First-Class Mail Letter (1 oz.) – previously 41¢, now 42¢First-Class Mail Letter (2 oz.) – previously 58¢, now 59¢Postcard – previously 26¢, now 27¢Large Envelope (2 oz.) – previously 97¢, now $1.00Money Orders (up to $500) – previously $1.05, now $1.05
Certified Mail – previously $2.65, now $2.70First-Class Mail International Letter (1 oz. to Canada and Mexico) – previously 69¢, now 72¢First-Class Mail International Letter (1 oz. to other countries) – previously 90¢, now 94¢Consistent with a new law (The Postal Accountability Enhancement Act of 2006), prices for mailing services will be adjusted annually each May. The Postal Service plans to provide 90 days notice before the price changes each year.For the first time, the U.S. Postal Service is offering volume-related or other price incentives for Express Mail, Priority Mail and other shipping services, effective May 12. These incentives are now possible as a result of a change in federal law.Postal Service shipping products were previously priced by a “one-price-fits-all” approach – customers paid the same price per piece regardless of the number of packages sent or the method of payment. As of May 12, customers will be able to take advantage of commercial volume pricing, minimum volume rebates, online price breaks and other pricing incentives. For example:• Express Mail, premium overnight delivery, has switched to an industry standard, zone-based pricing system, resulting in lower prices for closer destinations. Customers will enjoy a 3 percent price reduction by purchasing Express Mail online or through corporate accounts. Up to an additional 7 percent price reduction is available for those who meet quarterly volume minimums.• Priority Mail, expedited delivery at economical prices, is available at an average 3.5 percent savings to customers who use electronic postage or meet other requirements.Prices for all postal services and products are available at usps.com/prices.



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