Rates
Valid May 1, 2024 to October 31, 2024.
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.
Ontario Electricity Rebate
The revised Ontario Electricity Rebate (OER) is in effect. The provincial rebate is applied to your electricity charges and is equal to 19.3% 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.
General Service less than 50 kW (GU)
For more detailed information on electricity charges, please refer to the Ontario Energy Board’s rate definition page.
Cost of Electricity
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 1st. This is the cost of the electricity supplied to you during a billing period.
Current Tiered Pricing is:
10.3 ¢/kWh | For electricity consumption up to 750 kWh/month |
12.5 ¢/kWh | For electricity consumption over 750 kWh/month |
Current Time-of-Use Pricing is:
OFF Peak | 8.7 ¢/kWh | 7pm – 7am Weekdays. Weekends & Holidays All Day | |
MID Peak | 12.2 ¢/kWh | 7am–11am & 5pm – 7 pm Weekdays | |
ON Peak | 18.2 ¢/kWh | 11am – 5pm Weekdays |
Current Ultra-Low Overnight Pricing is:
Weekend OFF Peak | 8.7 ¢/kWh | 7am – 11pm Weekends and Holidays | |
MID Peak | 12.2 ¢/kWh | 7am – 4pm & 9pm – 11pm Weekdays | |
ON Peak | 28.6 ¢/kWh | 4pm – 9pm Weekdays | |
Ultra-Low Overnight | 2.8 ¢/kWh |
11pm – 7am Every day |
Delivery
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 |
Regulatory Charges
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 |
General Service over 50 kW (GS, G6, G8)
Refer to the definitions under small business rates for more information on the charges or get detailed charge definitions from the Ontario Energy Board.
Cost of Electricity
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 |
Delivery/Non-Competitive Charges & Regulatory Charges
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 kWh 2.93% Primary Metered Customers < 5,000 kWh |
General Service over 1000 kW (M1, M2, M3)
Refer to the definitions under small business rates for more information on the charges or get detailed charge definitions from the Ontario Energy Board.
Cost of Electricity
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 |
Delivery/Non-Competitive Charges & Regulatory Charges
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 kWh 2.93% 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).
Valid May 1, 2024- October 31, 2024.
Historical Rates | Less than 50 kW Rates | Over 50 kW Rates |
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.
Ontario Electricity Rebate
The revised Ontario Electricity Rebate (OER) is in effect. The provincial rebate is applied to your electricity charges and is equal to 19.3% of the electricity charges.
For questions about the OER and eligibility, please contact us or visit oeb.ca.
General Service less than 50 kW (UK)
For more detailed information on electricity charges, please refer to the Ontario Energy Board’s rate definition page.
Cost of Electricity
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 1st. This is the cost of the electricity supplied to you during a billing period.
Current Tiered Pricing is:
10.3 ¢/kWh | For electricity consumption up to 750 kWh/month |
12.5 ¢/kWh | For electricity consumption over 750 kWh/month |
Current Time-of-Use Pricing is:
OFF Peak | 8.7 ¢/kWh | 7pm – 7am Weekdays. Weekends & Holidays All Day | |
MID Peak | 12.2 ¢/kWh | 7 am –11am & 5pm- 7pm Weekdays | |
ON Peak | 18.2 ¢/kWh | 11am- 5pm Weekdays |
Current Ultra-Low Overnight Pricing is:
Weekend OFF Peak | 8.7 ¢/kWh | 7am – 11pm Weekends and Holidays | |
MID Peak | 12.2 ¢/kWh | 7am – 4pm & 9pm – 11pm Weekdays | |
ON Peak | 28.6 ¢/kWh | 4pm – 9pm Weekdays | |
Ultra-Low Overnight | 2.8 ¢/kWh |
11pm – 7am Every day |
Delivery
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. |
$0.0196/ kWh |
Distribution Charge – Non-Regulated Price Plan Covers the cost to design, build, and maintain the power distribution system. |
$0.0185 / 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 <5,000kWh
2.93% Primary Metered Customers <5,000kWh |
Regulatory Charges
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 |
General Service over 50 kW (GS, SS, PP)
Refer to the definitions under small business rates for more information on the charges or get detailed charge definitions from the Ontario Energy Board.
Cost of Electricity
Non-Regulated Price Plan Consumers
The electricity you pay per kWh is based on the hourly spot market price or weighted average price depending on the type of meter installed. 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 |
Delivery/Non-Competitive Charges & Regulatory Charges
Market Service Charge | $ 0.0059 / kWh |
Network | $ 3.4882 / kW |
Connection Transmission | $ 2.4375/ kW |
Distribution Volumetric Charge | $5.5729 / kW |
Distribution Volumetric Charge – Non-Regulated Price Plan | $(0.0011) / kWh |
Customer Charge | $229.50 / month |
Energy Supply Administration Charge | $ 0.25 / month |
Line Loss Adjustment | 3.98% Secondary Metered Customers < 5,000 kW
2.93% Primary Metered Customers < 5,000 kW |
View SYNERGY NORTH’s Board Approved Tariff of Rates & Charges (Effective May 1st 2024)