NewportOne

It’s Unprecedented! A Postage DECREASE!

March 10th, 2016

Postage decreases offered by the USPS seemed to be the thing of fairy tales along with unicorns and the tooth fairy. But not today.

This is an historic occasion. Never in its history has the post office reduced their postage rates. But, after much speculation (and a lot of doubt that it would actually come to pass), the Postal Regulatory Commission has officially required USPS to reverse the exigent surcharge granted in 2014. The reversal will take place on Sunday, April 10, 2016, baring congressional and court action.

This is a good news for our nonprofit clients and nonprofits in general as their postage rates will decrease staring April 11. First class rates are expected to drop from $.49 to $.47 and nonprofit standard rates will decrease on average 4%.
As a word of caution, we should enjoy the savings for now but not plan the future on them. We’re sorry to report that signs also point to a subsequent postage increase by year-end via a USPS rate-case presentation. If approved, the increase could hit by early 2017, if not sooner.

We will continue monitoring the story and will report the final outcome.

Read the announcement here: http://pe.usps.com/

 

Category: Article, News
index.php