The Postal Rate Commission, also known as PRC, is an independent regulatory body created by the United States government. Its primary function is to oversee and regulate the postal rates and services offered by the United States Postal Service (USPS). The PRC ensures that the rates charged by USPS for mailing services are fair, reasonable, and in compliance with the law.
The commission consists of a panel of appointed individuals who possess expertise in economics, law, and public policy. They are responsible for reviewing proposals and applications submitted by USPS for changes in postal rates, mail classifications, and other related matters. The PRC conducts thorough evaluations of these proposals to assess their impact on the general public, mail users, and the USPS itself.
Through its regulatory role, the Postal Rate Commission serves to protect the interests of both the postal service and its customers. It aims to strike a balance between ensuring the financial viability of USPS and guaranteeing affordable and quality postal services for the American public.
In conducting its work, the PRC undertakes studies, analyzes data, and conducts public hearings to gather input from stakeholders, including the USPS, mailers, businesses, and the general public. It formulates recommendations and advises Congress and other relevant government bodies on matters pertaining to postal rates, policies, and regulations.
Overall, the Postal Rate Commission plays a crucial role in maintaining the integrity and fairness of postal services in the United States, as well as promoting transparency and accountability within the USPS.
