Rates
Valid May 1, 2024 to October 31, 2024
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.
Electricity Costs
Residential 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 to choose the best option for your lifestyle. 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 600 kWh/month |
12.5 ¢/kWh | For electricity consumption over 600 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- 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. |
$ 0.0159 / kWh |
Distribution Charge – Regulated Price Plan Covers the cost to design, build, and maintain the power distribution system. |
$ 0.0024 / kWh $(3.7900)/month |
Distribution Charge – Non-Regulated Price Plan Covers the cost to design, build, and maintain the power distribution system. |
$ 0.0023 / kWh $(3.7900)/month |
Monthly Fixed Charge This charge is based on fixed costs such as meter reading, billing, and administration. |
$34.70 / month |
Line Loss Adjustment This covers the costs relating to electricity lost by distributing electricity to your home. |
3.98% |
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 |
Sentinel Lights
To learn about our Sentinel Rates, please contact Customer Service.
To learn more about smart meters, visit our smart meter information page.
Ontario Energy Board’s Approved Tariff of Rates & Charges
View SYNERGY NORTH’s Board Approved Tariff of Rates & Charges (Effective May 1st 2024)
Valid May 1, 2024 to October 31, 2024
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.
Electricity Costs
Residential customers have the choice to be billed on Time-of-Use or Tiered Rates; unless you signed a contract with an electricity retailer. Up to twice a year, you have the option to change your electricity pricing plan to choose the best option for your lifestyle. 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 600 kWh/month |
12.5 ¢/kWh | For electricity consumption over 600 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. |
$ 0.0159/ kWh |
Distribution Charge – Regulated Price Plan Covers the cost to design, build, and maintain the power distribution system. |
$0.0031/kWh
($5.5700)/month |
Distribution Charge – Non-Regulated Price Plan Covers the cost to design, build, and maintain the power distribution system. |
$ 0.0020/kWh
($5.5700)/month |
Monthly Fixed Charge This charge is based on fixed costs such as meter reading, billing, and administration. |
$ 34.70 / month |
Line Loss Adjustment This covers the costs relating to electricity lost by distributing electricity to your home. |
3.98% |
Regulatory Charges
Market Service Charges Includes the cost of services provided by theIndependent 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 purchasingyour electricity from your local utility. |
$0.25/month |
Ontario Energy Board’s Approved Tariff of Rates & Charges
View SYNERGY NORTH’s Board Approved Tariff of Rates & Charges (Effective May 1st 2024)