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, translating to about $2/month in savings for an average home. With 113 plans currently available ranging from 6.78¢ to 23.23¢ per kWh, the market remains competitive. We don’t have a crystal ball, but when rates are trending down, it’s generally a favorable time to lock in a plan.
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 rather than relying on a single utility provider. Options include 106 fixed-rate plans averaging 14.91¢/kWh, with rates spanning from 6.78¢ to 23.23¢ per kWh. Since 67% of Sherman homes are single-family residences using approximately 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage level. Notably, 111 renewable energy plans are available—including 19 that are 100% green—at virtually no price premium over conventional options. Prepaid and time-of-use plans provide additional alternatives for specific household needs.
Compare All PlansAUGUST 23, 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%
4.8
Gexa Energy
Gexa Eco Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.8
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 113 plans available. Rates were updated at 07:37 AM CDT on August 23, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 10 5%
4.7
|
Fixed Rate 10 months Fixed Rate 1000 kWh |
$67.81
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$68.01
Est. monthly bill |
1000 kWh
6.8¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.9
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.01
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.30
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
|
Gexa Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.26
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.26
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.44
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$69.44
Est. monthly bill |
1000 kWh
6.9¢
Price per kWh |
|
|
Bill Credit Bundle 12 20%
3.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$70.77
Est. monthly bill |
1000 kWh
7.1¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$70.91
Est. monthly bill |
1000 kWh
7.1¢
Price per kWh |
|
|
|
Bill Bonus 24 24%
4.0
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$70.91
Est. monthly bill |
1000 kWh
7.1¢
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 dominated by single-family homes averaging 2,261 square feet, with typical usage around 1,225 kWh monthly—at this tier, APGE's SimpleSaver 10 offers rates at 9.0¢/kWh (approximately $110/month). About 18% of Sherman residents live in smaller apartments with usage averaging 583 kWh monthly, where Atlantex Power's Luminous 12 plan prices at 13.1¢/kWh (around $76/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 locked pricing for your contract term. Rates start at 6.78¢/kWh and average 14.91¢/kWh. These plans protect against price changes during hot Texas summers when AC usage peaks.
Variable-rate plans
No month-to-month plans are currently available in Sherman. Rates fluctuate with wholesale energy costs and offer no price protection. Most Sherman residents choose fixed-rate contracts instead for budget predictability during seasonal temperature extremes.
Renewable energy
Sherman offers 111 renewable plans, including 19 that are 100% green energy. These plans average 15.04¢/kWh, just 0.02¢ above the market average, making clean energy accessible without significant cost premium in this market.
Prepaid plans
Two prepaid electricity options are available in Sherman, averaging 19.09¢/kWh. You pay for power before using it, with no deposit or credit check required. Useful for monitoring daily usage during Sherman's variable seasonal weather.
Time-of-use plans
Five time-of-use plans available in Sherman average 16.48¢/kWh. Rates vary by time of day, rewarding usage during off-peak hours. Consider if you can shift AC and appliance use away from afternoon peak times.
Free nights & weekends
These plans offer no-cost electricity during specific hours, typically nights or weekends. Benefits depend on your ability to shift major energy use like laundry, dishwashing, and EV charging to free periods in Sherman.
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 August 23rd, 2026, the lowest electricity rate in Sherman is APGE's SimpleSaver 10 at 6.78¢/kWh, significantly below the market average of 15.06¢/kWh. With 113 plans available, Sherman residents have excellent opportunities to save on their energy bills.
Sherman's hot Texas summers significantly increase cooling costs, with typical single-family homes using approximately 1225 kWh monthly. High summer demand can impact rates, making it crucial to compare among Sherman's 113 available plans to find optimal pricing during peak usage months.
For Sherman's dominant single-family homes (67% of housing), 2000 kWh tier plans are recommended based on typical monthly usage of 1225 kWh. This tier provides pricing stability and accounts for seasonal fluctuations in electricity consumption throughout the year.
Switch to competitive rates like APGE's 6.78¢/kWh plan to save substantially versus the 15.06¢/kWh average. Consider green energy plans—111 available in Sherman—which cost only 0.02¢ less than average while supporting renewable energy and reducing your environmental impact.
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!
