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 essentially flat over the past 7 days, holding steady at around 15.8¢/kWh for an average 1000 kWh home. With 121 plans available ranging from 7.8¢ to 23.56¢ per kWh, the market is stable and competitive. We’re tracking the data daily to flag any meaningful shifts in pricing 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
Sherman residents benefit from Texas’s deregulated electricity market, allowing them to choose from 121 available plans across multiple providers. The market offers 113 fixed-rate plans averaging 15.75¢/kWh, with rates ranging from 7.8¢ to 23.56¢ per kWh. Renewable energy is widely accessible, with 119 green options available—24 offering 100% renewable energy. Since 67% of Sherman homes are single-family residences using around 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage level. Additional options include 2 prepaid plans and 6 time-of-use plans for flexible consumption patterns.
Compare All PlansJUNE 18, 2026
TOP 6 LOWEST RATES IN SHERMAN
APGE
SimpleSaver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.6
4Change Energy
Maxx Saver Value 8
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%
4.8
Gexa Energy
Gexa Eco Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.8
Discount Power
Bill Credit Bundle 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
20%
3.6
Cirro Energy
Bill Bonus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
24%
4.0
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 121 plans available. Rates were updated at 07:33 AM CDT on June 18, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 12 5%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$78.00
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$80.75
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$80.76
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$80.76
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
|
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$80.77
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
|
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$80.77
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
|
|
|
SimpleSaver 13 5%
4.6
|
Fixed Rate 13 months Fixed Rate 1000 kWh |
$81.00
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$81.40
Est. monthly bill |
1000 kWh
8.1¢
Price per kWh |
|
|
|
SimpleSaver 8 5%
4.6
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$81.70
Est. monthly bill |
1000 kWh
8.2¢
Price per kWh |
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$81.82
Est. monthly bill |
1000 kWh
8.2¢
Price per kWh |
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$81.82
Est. monthly bill |
1000 kWh
8.2¢
Price per kWh |
|
|
|
Maxx Saver Value 24 3%
4.9
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$83.00
Est. monthly bill |
1000 kWh
8.3¢
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 averaging 2,261 square feet, with typical usage around 1,225 kWh per month—at this tier, APGE's SimpleSaver 12 offers rates at 10.0¢/kWh (approximately $123/month). About 18% of Sherman residents live in smaller apartments with average usage of 583 kWh monthly, where APGE's Rent Simple Saver 12 provides the best rate at 14.3¢/kWh (approximately $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.
TYPES OF ENERGY PLANS
Electricity plan types available in Sherman
Fixed-rate plans
Sherman residents can choose from 113 fixed-rate plans with locked-in pricing throughout the contract term. Rates start at 7.8¢/kWh, with an average of 15.75¢/kWh across available options.
Variable-rate plans
No variable-rate or month-to-month plans are currently available in Sherman. These plans typically fluctuate with wholesale energy costs and offer contract flexibility without early termination fees.
Renewable energy
Sherman offers 119 renewable energy plans, including 24 options with 100% green energy from wind and solar sources. The average rate of 15.92¢/kWh is nearly identical to conventional plans.
Prepaid plans
Two prepaid electricity options are available in Sherman, averaging 19.73¢/kWh. These plans require no deposit or credit check, with customers paying for electricity before usage rather than receiving monthly bills.
Time-of-use plans
Six time-of-use plans are available in Sherman, averaging 18.14¢/kWh. Rates vary by time of day, rewarding customers who shift usage away from peak afternoon hours during hot Texas summers.
Free nights & weekends
These plans offer no-cost electricity during specific off-peak hours, typically nights and weekends. They work best for Sherman households that can shift high-consumption activities like laundry to 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
$4.06/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 June 18th, 2026, the lowest electricity rate in Sherman is APGE's SimpleSaver 12 at 7.8¢/kWh, significantly below the market average of 15.94¢/kWh. With 121 plans available, Sherman residents have excellent opportunities to save on their electricity costs.
Sherman's hot Texas summers drive up cooling costs, with average homes using around 1225 kWh monthly. High usage during peak summer months means selecting a plan optimized for 2000 kWh tier consumption helps Sherman residents manage seasonal electricity expenses more effectively.
For Sherman's dominant single-family homes (67% of housing), plans in the 2000 kWh tier are recommended based on typical usage of 1225 kWh monthly. Consider green energy options too—119 plans are available with virtually no premium at -0.02¢ above average.
Compare all 121 available plans to find rates below Sherman's 15.94¢/kWh average. Switch to efficient cooling practices during hot months, choose plans matching your 2000 kWh usage tier, and consider enrolling in a 12-month fixed-rate plan for price stability.
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!
