Rates
Valid November 1, 2018 to April 30, 2019
Fair Hydro Plan
The provincial government has implemented a 25% reduction to bills to address the affordability of electricity in the province of Ontario. To learn more, please visit the government website.
Electricity Costs
All residential customers are on Time of Use rates unless you signed a contract with an electricity retailer. These rates are set at the Provincial level by the Ontario Energy Board twice yearly: May 1st and November 1st. This is the cost of the electricity supplied to you during a billing period.
 |
OFF Peak | $0.065 / kWh | Lowest |
 |
MID Peak | $0.094 / kWh | Moderate |
 |
ON Peak | $0.132 / kWh | Highest |
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. |
$ 0.0113 / kWh |
| Distribution Charge Covers the cost to design, build, and maintain the power distribution system. |
$ 0.0031 / kWh |
| Monthly Fixed Charge This charge is based on fixed costs such as meter reading, billing and administration. |
$ 22.80 / month |
| Line Loss Adjustment This covers the costs relating to electricity lost through distributing electricity to your home. |
1.0394 / 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. |
$0.0039 / kWh |
| Supply Administration Charge A regulatory administrative cost to cover purchasing your electricity from your local utility. |
$0.25 / month |
Sentinel Lights
| Sentinel Lights | $ 29.61 / month + HST |
To learn more about smart meters, visit our smart meter information page.
Ontario Energy Board’s Approved Tariff of Rates & Charges
Valid November 1, 2018 to April 30, 2019
Fair Hydro Plan
The provincial government has implemented a 25% reduction to bills to address the affordability of electricity in the province of Ontario. To learn more, please visit the government website.
Electricity Costs
All residential customers are on Time of Use rates unless you signed a contract with an electricity retailer. These rates are set at the Provincial level by the Ontario Energy Board twice yearly: May 1st and November 1st. This is the cost of the electricity supplied to you during a billing period.
|
OFF Peak | $0.065 / kWh | Lowest |
|
MID Peak | $0.094 / kWh | Moderate |
|
ON Peak | $0.132 / kWh | Highest |
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. |
$ 0.0085 / kWh |
| Distribution Charge Covers the cost to design, build, and maintain the power distribution system. |
$ 0.0039 / kWh |
| Monthly Fixed Charge This charge is based on fixed costs such as meter reading, billing and administration. |
$ 28.43 / month |
| Line Loss Adjustment This covers the costs relating to electricity lost through distributing electricity to your home. |
$ 0.0430 |
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. |
$ 0.0032 / kWh |
| Supply Administration Charge A regulatory administrative cost to cover purchasing your electricity from your local utility. |
$ 0.25 / month |
Sentinel Lights
| Sentinel Lights | $ 30.33 / month + HST |
To learn more about smart meters, visit our smart meter information page.