ELECTRICITY RATES IN SHERMAN
Sherman Electricity Rates and Plans
Shop and compare energy plans from top electricity providers in Sherman, Texas.
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
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.
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.
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.
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.




