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 decreased slightly by 0.1¢ over the past 7 days, translating to about a $1/month savings for the average home. With 122 plans available ranging from 7.13¢ to 23.56¢ per kWh, the market remains competitive. While we can’t predict future movements, stable-to-declining rates typically present a reasonable window for switching if you’re in the market.
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 can choose their electricity provider thanks to Texas deregulation, with 122 plans currently available. The market offers 114 fixed-rate plans averaging 15.49¢/kWh, with rates ranging from 7.13¢ to 23.56¢ per kWh. Since 67% of Sherman homes are single-family residences using approximately 1,225 kWh monthly, most residents should compare plans at that usage level. Those interested in renewable energy have 120 green options, including 24 that are 100% renewable, at virtually no premium over conventional plans. Additional choices include 2 prepaid plans and 6 time-of-use options for different budget and lifestyle needs.
Compare All PlansJULY 25, 2026
TOP 6 LOWEST RATES IN SHERMAN
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.5
APGE
SimpleSaver 11
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.6
APGE
SimpleSaver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.6
Rhythm Energy
Rhythm Max Saver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.8
Energy Texas
The Lone Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.6
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.9
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 122 plans available. Rates were updated at 07:32 AM CDT on July 25, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
Smart Choice – 12 31%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$71.26
Est. monthly bill |
1000 kWh
7.1¢
Price per kWh |
|
|
|
SimpleSaver 11 5%
4.6
|
Fixed Rate 11 months Fixed Rate 1000 kWh |
$73.00
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.00
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.99
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.99
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$75.40
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$75.70
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$75.70
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$75.77
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$75.77
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$76.00
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
SimpleSaver 8 5%
4.6
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$80.70
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN SHERMAN
Find the right plan for your home
Sherman's housing is dominated by single-family homes at 67% of the market, averaging 2,261 square feet and using approximately 1,225 kWh monthly. At this usage level, Just Energy's Smart Choice – 12 plan offers the lowest rate at 9.3¢/kWh, totaling around $114 per month. For the 18% of residents in small apartments using around 583 kWh monthly, Atlantex Power's Luminous 12 plan provides the best value at 13.8¢/kWh, or approximately $81 per 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 114 fixed-rate plans with locked pricing throughout the contract term. Rates start at 7.13¢/kWh, with an average of 15.49¢/kWh. These plans protect against seasonal price fluctuations during hot Texas summers.
Variable-rate plans
Currently no variable-rate or month-to-month plans are available in Sherman's market. These plans typically allow cancellation without penalties but rates fluctuate monthly based on wholesale electricity costs and market conditions.
Renewable energy
Sherman offers 120 renewable energy plans, including 24 that are 100% green-powered. At an average of 15.67¢/kWh, renewable options cost just 0.02¢ more than conventional plans, making green energy accessible for most households.
Prepaid plans
Two prepaid electricity options are available in Sherman, averaging 19.28¢/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
Six time-of-use plans are available in Sherman at an average of 18.27¢/kWh. These plans charge different rates based on time of day, benefiting households that can shift heavy air conditioning use away from peak afternoon hours.
Free nights & weekends
These plans offer no-cost electricity during specific overnight hours and weekends, ideal for Sherman residents who can run appliances, charge vehicles, or cool homes during free periods to offset higher daytime rates.
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
$4.06/month base charge + 6.1196¢/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 July 25th, 2026, the lowest electricity rate in Sherman is Just Energy's Smart Choice – 12 plan at 7.13¢/kWh. This is significantly below the market average of 15.69¢/kWh, with 122 total plans available for comparison.
Sherman's hot Texas summers significantly increase electricity usage for air conditioning. With typical single-family homes using around 1225 kWh monthly, summer bills can spike substantially. Choosing competitive rates below the 15.69¢/kWh market average helps offset these seasonal costs.
Since 67% of Sherman housing consists of single-family homes averaging 1225 kWh monthly, residents should choose 2000 kWh tier plans for optimal pricing. With 120 green energy plans available at virtually no premium (-0.02¢ above average), eco-friendly options are highly accessible.
Switch to competitive plans like Just Energy's 7.13¢/kWh rate instead of paying the 15.69¢/kWh average—potential savings of over $100 monthly for typical homes. Also, invest in efficient AC systems, improve insulation, and use programmable thermostats during Sherman's hot summers.
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!
