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 OFF Peak 8.7 ¢/kWh 7pm – 7am Weekdays. Weekends & Holidays All Day.
Mid Peak MID Peak 12.2 ¢/kWh 7am- 11am &  5pm- 7pm Weekdays
On Peak ON Peak 18.2 ¢/kWh 11am -5pm  Weekdays

Current Ultra-Low Overnight Pricing is:

Off Peak Weekend OFF Peak 8.7 ¢/kWh  7am – 11pm Weekends and Holidays
Mid Peak MID Peak 12.2 ¢/kWh  7am – 4pm & 9pm – 11pm Weekdays
On Peak ON Peak 28.6 ¢/kWh  4pm – 9pm Weekdays
On Peak 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

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 OFF Peak 8.7 ¢/kWh 7pm – 7am Weekdays. Weekends & Holidays All Day
Mid Peak MID Peak 12.2 ¢/kWh 7 am- 11am &  5pm- 7pm Weekdays
On Peak ON Peak 18.2 ¢/kWh 11am – 5pm  Weekdays

Current Ultra-Low Overnight Pricing is:

Off Peak Weekend OFF Peak 8.7 ¢/kWh 7am – 11pm Weekends and Holidays
Mid Peak MID Peak 12.2 ¢/kWh 7am – 4pm & 9pm – 11pm Weekdays
On Peak ON Peak 28.6 ¢/kWh 4pm – 9pm Weekdays
On Peak 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