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 about 0.1¢ over the past 7 days for an average 1,000 kWh home, dropping from 15.35¢ to 15.26¢ per kWh. That’s roughly a $1/month decrease for the average household. Across North Texas, 112 plans are currently available, with rates ranging from 7.2¢ to 22.57¢ per kWh, and the market average sits at 15.27¢. We’ll keep tracking these trends.
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
Texas electricity markets are deregulated, which means Sherman residents choose their retail electricity provider while a local utility delivers power. Right now 112 plans are available, with rates ranging from 7.2¢ to 22.57¢ per kWh and an average of 15.27¢. The market includes 106 fixed-rate plans, 110 renewable energy options (22 of them 100% green, averaging 15.25¢), 4 time-of-use plans, and 2 prepaid plans. Because 67% of Sherman homes are single-family houses using about 1,225 kWh per month, shoppers in that group should compare plans at the 1,000 to 1,500 kWh usage tier for an accurate estimate.
Compare All PlansOCTOBER 22, 2026
TOP 6 LOWEST RATES IN SHERMAN
APGE
SimpleSaver 9
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
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
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. 112 plans available. Rates were updated at 07:37 AM CDT on October 22, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 9 5%
4.7
|
Fixed Rate 9 months Fixed Rate 1000 kWh |
$72.00
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.00
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.93
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Gexa Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.93
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.93
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.00
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$75.38
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$76.03
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$76.03
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
SimpleSaver 24 5%
4.7
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$77.00
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
Power Plus – 12 26%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$84.73
Est. monthly bill |
1000 kWh
8.5¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$85.03
Est. monthly bill |
1000 kWh
8.5¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN SHERMAN
Find the right plan for your home
Single-family homes make up 67% of Sherman's housing stock, with an estimated size of about 2,261 sq ft and typical usage near 1,225 kWh per month, where APGE SimpleSaver 9 at 9.4¢/kWh yields an estimated monthly cost of about $115. Small apartment buildings (2-9 units), which account for 18% of housing, use roughly 583 kWh per month, where APGE Rent Simple Saver 9 at 12.0¢/kWh would cost about $70 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 106 fixed-rate plans, with prices starting at 7.2¢/kWh and an average of 15.16¢/kWh. The rate stays constant for the contract term, so monthly cost does not change with wholesale market swings during the hot summers.
Variable-rate plans
No variable-rate or month-to-month plans are currently listed in Sherman, out of 112 total plans. Where offered, these rates track wholesale prices and can rise during high-demand periods, such as summer afternoons when air conditioning use peaks.
Renewable energy
Sherman has 110 renewable energy plans, 22 of which are 100% green, at an average of 15.25¢/kWh. The green premium sits at -0.02¢ relative to the market average, so these plans cost about the same as standard offers.
Prepaid plans
Two prepaid plans in Sherman average 19.68¢/kWh, above the 15.16¢/kWh fixed-rate average. Prepaid service requires paying in advance and may suit households that prefer to control spending on summer cooling bills.
Time-of-use plans
Four time-of-use plans are available in Sherman, averaging 15.96¢/kWh. Rates vary by time of day, with higher prices during peak hours. Households that shift laundry, dishwashing, or EV charging to off-peak evening and overnight hours may reduce costs.
Free nights & weekends
Free nights and weekends plans, a type of time-of-use structure, provide zero-charge electricity during set off-peak windows. Sherman's summer heat makes daytime cooling costly, so shifting flexible usage into these windows can offset peak-hour charges.
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 + 6.8673¢/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 Oct 22nd, 2026, the cheapest electricity rate in Sherman is APGE's SimpleSaver 9 at 7.2¢/kWh, well below the market average of 15.27¢/kWh. With 112 plans available, comparing options can help you lock in savings on your monthly bill.
Sherman's hot, humid summers drive up electricity costs because air conditioning runs for long stretches, often pushing monthly usage well above the typical 1225 kWh. Mild winters help somewhat, but cooling demand usually makes summer bills the most expensive of the year for local households.
Most Sherman homes are single-family houses, which typically use about 1225 kWh monthly, so a 2000 kWh tier offers comfortable headroom for summer cooling. With 110 of 112 plans being green and priced just 0.02¢ below average, you can choose renewable power without paying a premium.
Start by comparing plans, since switching from the average 15.27¢/kWh to a lower rate like APGE's 7.2¢/kWh can cut costs significantly. Also raise your thermostat in summer, seal drafts, and replace old AC filters regularly to reduce the energy your home consumes each month.
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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