Stamps on the rise: Three-cent increase effective June 30 | SummitDaily.com
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Stamps on the rise: Three-cent increase effective June 30

Jane Reuter

SUMMIT COUNTY – When Frisco Postmaster Terry McGeehan started working for the U.S. Postal Service, stamps cost 10 cents each.

Effective June 30, they’ll be 37 cents apiece.

McGeehan thinks that’s not an excessive rate of increase, considering 30 years have passed.

“I think it’s still pretty much in line,” he said. “I’ve often compared it with the loaf of bread and candy bars. When I was a kid, I think candy bars were 5 cents. Now they’re 65 cents.”

Postal rates will increase across the board at the end of this month. On its Web site, the United States Postal Service (USPS) says it’s the cost of doing business.

The problem is twofold. While mail volume has dropped, costs have gone up, exceeding USPS revenues. That’s despite a reduction in costs of $2.5 billion in the past two years, and cutting 30,000 jobs.

Steve Green, manager of USPS marketing for Colorado and Wyoming, admits postal rate increases have been coming closer together recently. The last increase came in January 2001.

Postal managers and some of USPS’ large business customers are meeting to create a rate increase plan that would allow those customers to better predict such changes.

“If we could kind of forecast it out, they seem to think it would be easier on them,” Green said.

Despite the increase, Green said stamps still are a good buy.

“Americans are really getting a good bargain for the money,” he said. “The rates are still the cheapest in the industrial world. You can send a letter for 34 cents from California to New York. In my opinion, that’s pretty cheap.”

McGeehan agrees. Both he and Green say the Internet has had an impact on Postal Service volumes and revenue, but McGeehan said it’s not a substitute for some of the things only the USPS can provide.

“I know myself I’m using (the Internet) more and more instead of mailing a letter or bill, but I think cards and letters are still pretty heart-warming.”

Jane Reuter can be reached at 668-3998, ext. 229, or by e-mail at jreuter@summitdaily.com

Postal rates as of June 30

First-class letter (1 oz.) 37 cents

Postcard 23 cents

Priority mail (1 lb.) $3.85

Express mail (1/2 lb. next day/2nd day) $13.65

Certified mail $2.30

Delivery confirmation for priority mail 45 cents


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