Starting May 1, electricity rates in Thunder Bay will increase

Thunder Bay - The Ontario Energy Board has approved an electricity rate increase for Synergy North customers.

According to the OEB's decision, effective May 1, the monthly electricity bill for a typical household in the Thunder Bay area using about 750 kWh will increase by approximately $4.54.

The OEB reports that customers in Kenora will see an average monthly increase of $5.87.

In an email responding to Newswatch's inquiry, a Synergy North spokesperson stated that the change was calculated using an OEB-approved formula, which is primarily tied to inflation.

Monthly electricity bills for Thunder Bay customers will rise by about 3.6%, while Kenora customers will see an increase of about 4.7%.

Small business customers using 2,000 kWh per month will see their electricity bills rise by 3.3% in the Thunder Bay area and 3.5% in the Kenora area.

Synergy North serves 51,400 residential and commercial electricity consumers in Thunder Bay and Fort William First Nation, as well as approximately 5,600 customers in the City of Kenora.