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 by 0.2¢ over the past 7 days for an average sized home. That’s a $2/month decrease for the average family. With 113 plans available and rates ranging from 6.6¢ to 21.53¢ per kWh, the market is showing favorable movement. We don’t have a crystal ball, but when rates trend down, it’s often a good time to switch if you’ve been considering it.
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, allowing them to choose from 113 available plans ranging from 6.6¢ to 21.53¢ per kWh. The market offers 107 fixed-rate plans and 111 renewable energy options, including 19 that are 100% green. 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 tiers to find accurate pricing. Fixed-rate plans average 14.71¢/kWh, while renewable plans cost essentially the same at 14.78¢/kWh, making green energy accessible without premium pricing.
Compare All PlansSEPTEMBER 09, 2026
TOP 6 LOWEST RATES IN SHERMAN
APGE
SimpleSaver 10
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.7
APGE
SimpleSaver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.7
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.9
Frontier Utilities
Frontier Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.7
Gexa Energy
Gexa Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
30%
4.7
Gexa Energy
Gexa Eco Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.7
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 113 plans available. Rates were updated at 07:34 AM CDT on September 09, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 10 5%
4.7
|
Fixed Rate 10 months Fixed Rate 1000 kWh |
$66.01
Est. monthly bill |
1000 kWh
6.6¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$66.01
Est. monthly bill |
1000 kWh
6.6¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$67.00
Est. monthly bill |
1000 kWh
6.7¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$66.96
Est. monthly bill |
1000 kWh
6.7¢
Price per kWh |
|
|
|
Gexa Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$66.96
Est. monthly bill |
1000 kWh
6.7¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$66.96
Est. monthly bill |
1000 kWh
6.7¢
Price per kWh |
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$67.61
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$67.61
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$67.77
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$68.43
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$68.43
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$72.00
Est. monthly bill |
1000 kWh
7.2¢
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, with typical monthly usage around 1,225 kWh. At this usage level, APGE's SimpleSaver 10 plan offers rates at 8.8¢/kWh, resulting in monthly costs near $108. The city's apartment residents (18% of housing) use approximately 583 kWh monthly and can access APGE's Rent Simple Saver 10 at 12.4¢/kWh, averaging $72 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 has 107 fixed-rate plans with locked pricing throughout your contract term. Rates start at 6.6¢/kWh and average 14.71¢/kWh. These plans protect against price fluctuations during hot Texas summers when air conditioning drives higher usage.
Variable-rate plans
No variable-rate plans are currently available in Sherman. These month-to-month options typically allow cancellation without fees but have rates that fluctuate with wholesale electricity market conditions. Check back for availability in your area.
Renewable energy
Sherman offers 111 renewable energy plans, including 19 that are 100% green powered by wind and solar. Green plans average 14.78¢/kWh, virtually identical to conventional options at just 0.01¢ above the market average.
Prepaid plans
Two prepaid electricity plans are available in Sherman, averaging 18.54¢/kWh. You pay for power before using it with no credit checks or deposits required. Monitor daily usage to avoid service interruption when your balance runs low.
Time-of-use plans
Four time-of-use plans in Sherman average 15.02¢/kWh with rates varying by time of day. Save money by running appliances, dishwashers, and laundry during off-peak hours, typically nights and weekends when electricity demand is lower.
Free nights & weekends
These plans offer no-cost electricity during specific hours, beneficial for Sherman residents who can shift major energy use to evenings and weekends. Daytime rates are higher to offset free periods, so evaluate your actual usage patterns carefully.
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 + 6.0295¢/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 September 9th, 2026, the lowest electricity rate in Sherman is APGE's SimpleSaver 10 at 6.6¢/kWh. This represents significant savings compared to the market average of 14.79¢/kWh, with 113 total plans available for Sherman residents to choose from.
Sherman's hot Texas summers significantly increase electricity costs due to air conditioning demands. Most single-family homes in Sherman use approximately 1225 kWh monthly on average. Peak summer usage can drive bills higher, making it essential to compare rates among the 113 available plans.
Since 67% of Sherman housing consists of single-family homes with estimated usage around 1225 kWh monthly, residents should select plans in the 2000 kWh tier for optimal rates. This ensures you're getting competitive pricing that matches your actual consumption patterns.
Switch to competitive rates like APGE's SimpleSaver 10 at 6.6¢/kWh instead of paying the 14.79¢/kWh market average. Consider green energy plans—with 111 available at just 0.01¢ below average, you can save money while supporting renewable energy in Sherman.
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!
