Details on the Postage Rate Increase | AccountingWEB

Details on the Postage Rate Increase

The cost to mail a first-class letter is going to increase as of January 2001, but the new rate is still undecided. According to a report from Stamps.com, the exact postage rate increase by the United States Postal Service is pending.

The Postal Service did publish a full chart early in the year with predicted rates (note: the free Adobe Reader is required for viewing this document). Based on reports, the increase will only be one cent for first-class mail to 34 cents; additional ounces would go from 22 cents to 23 cents each.

The Postal Service also updated a list of Frequently Asked Questions. Check them out for the latest updates, including an explanation of international and priority mail.

The exact rate increase may be known after the Board of Governors meets Nov. 13-14.

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