Rates

Historical Rates | Less than 50 kW Rates | Over 50 kW Rates | Over 1000 kW |

Please select your Business Class as found on the top of your SYNERGY NORTH Bill. This page includes rates for businesses with demand less than 50 kW, over 50 kW, and larger volume customers with demand over 1000 kW. If you require more information or details, please contact our Customer Service department.

The revised Ontario Electricity Rebate (OER) is in effect. The provincial rebate is applied to your electricity charges and is equal to 13.1% of the electricity charges.

For questions about the OER and eligibility, please contact us or visit oeb.ca.

Click here to download and complete the Ontario Electricity Rebate Eligibility Form.

For more detailed information on electricity charges, please refer to the Ontario Energy Board’s rate definition page.

General Service customers have the choice to be billed on Time-of-Use or Tiered Rates; unless you signed a contract with an electricity retailer.  You have the option to change your electricity pricing plan and choose the best option for your business.  These rates are set at the Provincial level by the Ontario Energy Board once per year; November 1^st. This is the cost of the electricity supplied to you during a billing period.

Current Tiered Pricing is:

9.3 ¢/kWh	For electricity consumption up to 750 kWh/month
11.0 ¢/kWh	For electricity consumption over 750 kWh/month

Current Time-of-Use Pricing is:

Current Ultra-Low Overnight Pricing is:

Network & Connection This is based on the cost that SYNERGY NORTH incurs to connect to Hydro One’s transmission lines and covers the cost to transform electricity from the high-voltage system to lower voltage used by SYNERGY NORTH.	$0.0146/ kWh
Distribution Charge – Regulated Price Plan Covers the cost to design, build, and maintain the power distribution system.	$0.0200/kWh
Distribution Charge – Non-Regulated Price Plan Covers the cost to design, build, and maintain the power distribution system.	$0.0199/kWh
Monthly Fixed Charge This charge is based on fixed costs such as meter reading, billing, and administration.	$39.89 / month
Line Loss Adjustment This covers the costs relating to electricity lost through distributing electricity to your home.	3.98% Secondary Metered Customers< 5,000 kWh 2.93% Primary Metered Customers< 5,000 kWh

Market Service Charge Includes the cost of services provided by the Independent Electricity System Operator (IESO) to operate the wholesale electricity market and maintain the reliability of the power grid.	$0.0059 / kWh
Supply Administration Charge A regulatory administrative cost to cover purchasing your electricity from your local utility.	$0.25 / month

Refer to the definitions under small business rates for more information on the charges or get detailed charge definitions from the Ontario Energy Board.

Non-Regulated Price Plan Consumers
The electricity you pay per kWh is based on the hourly spot market price or weighted average price. For more information on the Hourly Ontario Energy Price (HOEP), please visit the Independent Electricity System Operator (IESO) website.

Regulated Price Plan (RPP) Customers

Price period effective May 1, 2024 to October 31, 2024.

Consumption of the first 750 kWh	10.3¢ / kWh
Consumption above 750 kWh	12.5¢ / kWh

Market Service Charge	$ 0.0059 / kWh
Network	$ 3.4882/ kW
Network Interval Metered	$ 3.7221/ kW
Connection Transmission	$ 2.4375 / kW
Connection Transmission – Interval Metered	$ 2.4350 / kW
Distribution Volumetric Charge	$4.9250 / kW
Distribution Volumetric Charge – Non-RPP	$(0.0001) / kWh
Customer Charge	$ 229.50/ month
Energy Supply Administration Charge	$ 0.25 / month
Line Loss Adjustment	3.98% Secondary Metered Customers< 5,000 kWh2.93% Primary Metered Customers< 5,000 kWh

Refer to the definitions under small business rates for more information on the charges or get detailed charge definitions from the Ontario Energy Board.

Non-Regulated Price Plan Consumers
The electricity you pay per kWh is based on the hourly spot market price or weighted average price. For more information on the Hourly Ontario Energy Price (HOEP), please visit the Independent Electricity System Operator (IESO) website.

Regulated Price Plan (RPP) Consumers

Price period Effective May 1, 2024 to October 31, 2024.

Consumption of the first 750 kWh Block	10.3¢ / kWh
Consumption above 750 kWh Block	12.5¢ / kWh

Market Service Charge (Class B Customer)	$ 0.0059 / kWh
Market Service Charge (Class A Customer)	$ 0.0055 / kW
Network – Interval Metered	$ 3.7003 / kW
Connection  – Interval Metered	$ 2.6944/ kW
Distribution Volumetric Charge	$ 3.8899/ kW
Distribution Volumetric Charge –  Non-RPP	$(0.0001) / kWh
Customer Charge	$ 3,283.57 /month
Supply administration charge for customers who buy their electricity through SYNERGY NORTH	$ 0.25/month
Line Loss Adjustment	3.98% Secondary Metered Customers< 5,000 kWh2.93% Primary Metered Customers< 5,000 kWh

To learn about our Sentinal Rates, please contact Customer Service.

View SYNERGY NORTH’s Board Approved Tariff of Rates & Charges (Effective May 1st 2024).