Rates

Valid August 1, 2023 to October 31, 2023

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 11.7% 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:

8.7 ¢/kWh For electricity consumption up to 600 kWh/month
10.3 ¢/kWh For electricity consumption over 600 kWh/month

Current Time-of-Use Pricing is:

Off Peak OFF Peak 7.4 ¢/kWh Lowest
Mid Peak MID Peak 10.2 ¢/kWh Moderate
On Peak ON Peak 15.1 ¢/kWh Highest

 

Current Ultra-Low Overnight Pricing is:

Off Peak Weekend OFF Peak 7.4 ¢/kWh Lowest Daytime
Mid Peak MID Peak 10.2 ¢/kWh Moderate Daytime
On Peak ON Peak 24.0 ¢/kWh Highest Daytime
On Peak Ultra-Low Overnight 2.4 ¢/kWh
Lowest Overnight

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.
$ 0.0157 / kWh
Distribution Charge – Regulated Price Plan 
Covers the cost to design, build, and maintain the power distribution system.
$ 0.0030 / kWh
Distribution Charge – Non-Regulated Price Plan 
Covers the cost to design, build, and maintain the power distribution system.
$ (0.0027) / kWh
Monthly Fixed Charge
This charge is based on fixed costs such as meter reading, billing, and administration.
$ 27.72 / month
Line Loss Adjustment
This covers the costs relating to electricity lost by distributing electricity to your home.
 3.94%

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.
$0.0052 / 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 August 1, 2023 to October 31, 2023

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 11.7% 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:

8.7 ¢/kWh For electricity consumption up to 600 kWh/month
10.3 ¢/kWh For electricity consumption over 600 kWh/month

Current Time-of-Use Pricing is:

Off Peak OFF Peak 7.4 ¢/kWh Lowest
Mid Peak MID Peak 10.2 ¢/kWh Moderate
On Peak ON Peak 15.1 ¢/kWh Highest

 

Current Ultra-Low Overnight Pricing is:

Off Peak Weekend OFF Peak 7.4 ¢/kWh Lowest Daytime
Mid Peak MID Peak 10.2 ¢/kWh Moderate Daytime
On Peak ON Peak 24.0 ¢/kWh Highest Daytime
On Peak Ultra-Low Overnight 2.4 ¢/kWh
Lowest Overnight

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.
$ 0.0123 / kWh
Distribution Charge – Regulated Price Plan 
Covers the cost to design, build, and maintain the power distribution system.
$ 0.0036 / kWh
Distribution Charge – Non-Regulated Price Plan 
Covers the cost to design, build, and maintain the power distribution system.
$ (0.0006)/ kWh
Monthly Fixed Charge
This charge is based on fixed costs such as meter reading, billing, and administration.
$ 33.93 / month
Line Loss Adjustment
This covers the costs relating to electricity lost by distributing electricity to your home.
 4.30%

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.
$0.0052 / kWh
Supply Administration Charge
A regulatory administrative cost to cover purchasing your electricity from your local utility.
$0.25 / month

Ontario Energy Board’s Approved Tariff of Rates & Charges