ELECTRICITY RATES IN SHERMAN
Sherman Electricity Rates and Plans
Shop and compare energy plans from top electricity providers in Sherman, Texas.
SHERMAN
ENERGY COMPANIES & RATES IN SHERMAN
Sherman Electricity Guide
Sherman electricity prices have remained essentially flat over the past 7 days, holding steady at an average of 15.65¢/kWh. With 121 plans available and rates ranging from 7.6¢ to 23.56¢ per kWh, the market is stable but spread wide. We’re tracking these trends daily to help you understand when might be the right time to switch.
7-DAY MARKET TRENDS
Electricity pricing trends in Sherman
Track how electricity rates have changed over the past week.
Average Pricing for an Average Home (1000 kWh)
These rates are from the Oncor Electric Delivery utility region, which Sherman is geographically located in.
ENERGY RATES IN SHERMAN
Today’s lowest electricity rates in Sherman
Sherman residents benefit from Texas’s deregulated electricity market, giving them the power to choose from 121 available plans across multiple providers. The market offers strong variety: 112 fixed-rate plans averaging 15.46¢/kWh, 119 renewable options (including 23 that are 100% green), 7 time-of-use plans, and 2 prepaid options. Rates range from 7.6¢ to 23.56¢ per kWh. Since 67% of Sherman homes are single-family residences averaging 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage level to find accurate pricing for their household.
Compare All PlansAPRIL 26, 2026
TOP 6 LOWEST RATES IN SHERMAN
APGE
SimpleSaver 14
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.4
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
Frontier Utilities
Frontier Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.8
Gexa Energy
Gexa Eco Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.8
Discount Power
Bill Credit Bundle 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
20%
3.6
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 121 plans available. Rates were updated at 07:36 AM CDT on April 26, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 14 5%
4.5
|
Fixed Rate 14 months Fixed Rate 1000 kWh |
$76.00
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
Smart Choice – 12 31%
4.4
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.41
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.81
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.81
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.81
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.85
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.85
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$79.00
Est. monthly bill |
1000 kWh
7.9¢
Price per kWh |
|
|
|
SimpleSaver 24 5%
4.5
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$80.00
Est. monthly bill |
1000 kWh
8.0¢
Price per kWh |
|
|
|
Maxx Saver Value 24 3%
4.8
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$80.85
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
|
|
|
Maxx Saver Value 6 3%
4.8
|
Fixed Rate 6 months Fixed Rate 1000 kWh |
$83.50
Est. monthly bill |
1000 kWh
8.3¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$95.99
Est. monthly bill |
1000 kWh
9.6¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN SHERMAN
Find the right plan for your home
Sherman's housing is predominantly single-family homes at an average of 2,261 square feet, translating to about 1,225 kWh in monthly electricity usage. At this usage level, APGE's SimpleSaver 14 plan offers the lowest rate at 9.8¢/kWh (approximately $120/month). For the 18% of Sherman residents in smaller apartments using around 583 kWh monthly, Energy Texas's Texas Bright 12 plan provides the best value at 14.3¢/kWh (roughly $83/month).
Single-family homes
67% of homes in the city
Small apartments (2-9 units)
18% of homes in the city
Large apartments (10+ units)
12% of homes in the city
Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates 2023, Table B25024 — Units in Structure. Sherman, TX (18,987 total housing units). Energy estimates based on EIA Residential Energy Consumption Survey (RECS), West South Central region.
TYPES OF ENERGY PLANS
Electricity plan types available in Sherman
Fixed-rate plans
Sherman residents can choose from 112 fixed-rate plans with locked pricing throughout the contract term. Rates start at 7.6¢/kWh, with an average of 15.46¢/kWh. These plans protect against price fluctuations during hot Texas summers.
Variable-rate plans
Currently no variable-rate or month-to-month plans are available in Sherman. These plans typically allow cancellation without penalties but offer rates that fluctuate monthly based on wholesale energy costs and market conditions.
Renewable energy
Sherman offers 119 renewable energy plans, including 23 that provide 100% green electricity. The average rate is 15.63¢/kWh, just 0.02¢ above the market average, making clean energy accessible without significant premium costs.
Prepaid plans
Two prepaid electricity options are available in Sherman, averaging 18.09¢/kWh. These plans require no credit check or deposit, with customers paying for electricity before use and monitoring consumption to avoid service interruptions.
Time-of-use plans
Seven time-of-use plans are available in Sherman, averaging 17.9¢/kWh. These plans charge different rates based on the time of day, potentially benefiting residents who can shift usage away from peak afternoon hours.
Free nights & weekends
Free nights and weekends plans offer no-cost electricity during off-peak hours, typically nights from 9 PM to 6 AM or full weekends. These plans suit Sherman households that can run major appliances during designated free periods.
HOW TO CHOOSE
Choosing an electric company in Sherman.
When looking for your retail electricity provider and choosing an electric plan, there’s a number of factors to keep in mind. You’ll be able to choose a plan that’s best for you if you understand your energy usage and what’s important to you in a provider. Below are a series of tips to help you make the best decision for your household.
Report an Outage
Call 1-888-313-4747. Text “OUT” to 66267. Report online.
TDU Delivery Charges
$4.23/month base charge + 5.6183¢/kWh delivery rate. These charges from Oncor Electric Delivery are included in every electricity plan.
FREQUENTLY ASKED QUESTIONS
Common questions about energy in Sherman
As of April 26th, 2026, the lowest electricity rate in Sherman is APGE's SimpleSaver 14 at 7.6¢/kWh. This rate is significantly below the market average of 15.65¢/kWh, with 121 total plans available for Sherman residents to compare.
Sherman experiences hot Texas summers and mild winters, driving average household consumption to approximately 1,225 kWh monthly. Air conditioning dominates summer usage, making it crucial to choose competitive rates. Consider plans designed for 2000 kWh usage tiers to match seasonal demand fluctuations.
Since 67% of Sherman housing consists of single-family homes averaging 1,225 kWh monthly, residents should select plans with 2000 kWh usage tiers for optimal pricing. With 119 green energy plans available at virtually no premium (-0.02¢), eco-friendly options are highly accessible.
Compare all 121 available plans to find rates near the current low of 7.6¢/kWh versus the 15.65¢/kWh average. Match your plan tier to your home's usage, improve insulation, use programmable thermostats, and consider green plans with no cost premium.
NEARBY METROS
Compare electricity rates in cities near Sherman
Sherman shoppers often compare plans in nearby Texas metros — rates, providers, and plan types can differ just a few miles away.
Great choice!
