Postage rate to increase one cent on Jan.7
Published 12:00 am Wednesday, December 27, 2000
Staff Writer
As of January 7, customers will be paying an extra cent at the post office.
The United States Postal Service is raising the price of stamps as of that date.
The U.S. Postal Service Board of Governors announced in early December they would allow the recommended decision of the Postal Rate Commission to raise the price of a First Class letter to 34 cents "under protest."
Board Chairman Einar V. Dyhrkopp has called for postal reform.
"Statutory reform of the nation’s postal system is necessary to provide the foundation for a financially secure Postal Service, one that is capable of meeting the needs of the American people today and far into the future," Dyhrkopp said.
Keeping a "financially secure" USPS meant raising rates.
New 34-cent letter rate stamps went on sale December 15. The first of the new stamps have been marked "USA FIRST-CLASS." In later stamp printings, the phrase "FIRST- CLASS" will be replaced by the 34-cent amount.
Over two billion one-cent stamps have already been made available for customers to use up supplies of older 33-cent stamps.
Troy Postmaster Cody Ward has been anticipating the change for some time.
"We do have the new stamps available," Ward said, adding the one-cent stamps are also in stock.
Ward suggests people "plan ahead" and get their stamps.
"Some people could beat the rush…, especially business people," Ward said.
He said those who wait until January 7 could wind up standing in line at the post office to get their stamps.
In addition to the price of stamps going up from 33 to 34 cents, the cost of special services will increase, as well.
The new cost of mailing a two pound Priority Mail package will increase to $3.95, although a new one pound rate is now also available at $3.50. The cost of mailing a one half pound Express Mail package will increase to $12.25.
Overall, rates are rising 4.6 percent, although price increases vary some by class of mail in accordance with the legal mandate for each class of mail to cover its own cost. The cost of mailing a letter will increase from 33 to 34 cents. Each additional ounce will decrease from 22 cents to 21 cents. The cost of mailing a postcard will remain 20 cents. International rates will also rise on January 7.
But, Ward said not everything is on the rise.
Box rental fees (for the smallest boxes) is decreasing from 22 cents every six months to 19 cents.
"This is the first time I’ve ever known the box fees to decrease," Ward said.
Money order fees will also be dropping from 80 cents to 70 cents.