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 stable over the past 7 days, holding steady at 15.64¢/kWh for the average home. The market shows healthy competition with 120 available plans ranging from 7.58¢ to 23.56¢ per kWh. We’re tracking these trends daily to spot any movement, but for now, the North Texas market is holding firm.
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 120 available plans across multiple retail providers. The market offers strong variety: 111 fixed-rate plans averaging 15.46¢/kWh, 118 renewable options (including 23 that are 100% green energy), 7 time-of-use plans, and 2 prepaid options. Current rates span from 7.58¢ to 23.56¢ per kWh. Since 67% of Sherman homes are single-family residences averaging around 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage tier to find accurate pricing for their situation.
Compare All PlansMAY 16, 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
4Change Energy
Maxx Saver Value 8
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
APGE
SimpleSaver 12
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%
4.5
Frontier Utilities
Frontier Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.8
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 120 plans available. Rates were updated at 07:36 AM CDT on May 16, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 14 5%
4.5
|
Fixed Rate 14 months Fixed Rate 1000 kWh |
$75.80
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.8
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$75.90
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$76.00
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.00
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
|
Smart Choice – 12 31%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.41
Est. monthly bill |
1000 kWh
7.7¢
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%
3.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.75
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.75
Est. monthly bill |
1000 kWh
7.8¢
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 |
|
|
Rhythm Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$88.76
Est. monthly bill |
1000 kWh
8.9¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN SHERMAN
Find the right plan for your home
Sherman's housing is predominantly single-family homes averaging 2,261 square feet with typical usage around 1,225 kWh per month, where APGE's SimpleSaver 14 plan offers rates at 9.8¢/kWh (~$120/mo). About 18% of residents live in smaller apartments with usage around 583 kWh monthly, where the same provider's Rent Simple Saver 14 plan runs 14.1¢/kWh (~$82/mo).
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 has 111 fixed-rate plans with locked pricing throughout your contract term. Rates start at 7.58¢/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 penalty but have rates that change monthly based on market conditions and wholesale electricity costs.
Renewable energy
Sherman offers 118 renewable energy plans, including 23 that are 100% green sourced from wind and solar. Average pricing is 15.63¢/kWh, just 0.01¢ above the market average for all plans.
Prepaid plans
Two prepaid electricity options are available in Sherman, averaging 18.34¢/kWh. You pay for power before using it, with no deposit or credit check required. Daily balance monitoring helps track usage during peak seasons.
Time-of-use plans
Seven time-of-use plans are available in Sherman, averaging 17.68¢/kWh. Rates vary by time of day, rewarding usage during off-peak hours. Best for households that can shift consumption away from afternoon heat.
Free nights & weekends
Plans offering free electricity during specific hours, typically nights or weekends. Beneficial for Sherman residents who can run major appliances like air conditioning, laundry, or pool pumps 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 May 16th, 2026, the lowest electricity rate in Sherman is APGE's SimpleSaver 14 at 7.58¢/kWh, significantly below the market average of 15.64¢/kWh. With 120 plans available, Sherman residents have excellent opportunities to save on electricity costs.
Sherman's hot Texas summers drive up air conditioning usage, making electricity bills peak during June through September. Most single-family homes in Sherman use around 1225 kWh monthly on average, but summer consumption can exceed 2000 kWh, significantly impacting costs during peak season.
Since 67% of Sherman's housing consists of single-family homes averaging 1225 kWh monthly, residents should choose plans optimized for the 2000 kWh tier to accommodate summer peaks. This ensures better rates during high-consumption months when air conditioning drives usage higher.
Compare all 120 available plans to find rates like APGE's 7.58¢/kWh option, which offers substantial savings versus the 15.64¢/kWh average. Additionally, consider the 118 green energy plans available—they're actually 0.01¢ below average, making eco-friendly choices economically smart.
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.
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