Friday, April 20, 2007

Cost Of To Mail A Letter Increasing May 14

The cost of mailing a letter will go up next month. The price to mail a first class letter will rise 2 cents from 39 to 41 cents on May 14. The Postal Regulatory Commission approved the increase two months ago. The US Post Office had requested a three cents increase. The commission also approved issuing the forever stamp, which will be valid postage for mailing a first class letter no matter what the postage rate. For those sending letters that weigh more than one ounce, you could actually see a cost savings. The first ounce will cost 41 cents, but each additional ounce will cost 17 cents, down 7 cents from the current rate of 24 cents. A rate increase for mailing newspapers and magazines will go into effect on July 15. The last postal rate increase was in January 2006.

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