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 15.61¢/kWh for an average 1000 kWh home. The market shows 121 available plans with rates spanning from 7.58¢ to 23.56¢ per kWh. Stability is generally positive for shoppers, though we’ll continue monitoring to catch any movement early.
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 competitive plans rather than accepting a monopoly provider’s rates. Currently, options include 112 fixed-rate plans averaging 15.43¢/kWh and 119 renewable energy plans at virtually the same price. With 67% of Sherman homes being single-family properties using around 1,225 kWh monthly, most residents should compare plans at this usage level to find accurate pricing. Rates span from 7.58¢ to 23.56¢ per kWh, making provider comparison essential for controlling your electricity costs.
Compare All PlansMAY 02, 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
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.5
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.8
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
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 121 plans available. Rates were updated at 07:35 AM CDT on May 02, 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 |
|
|
|
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 |
|
|
|
Maxx Saver Value 12 3%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.81
Est. monthly bill |
1000 kWh
7.8¢
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 12 5%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.80
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 |
|
|
|
Bill Credit Bundle 24 20%
3.7
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$95.99
Est. monthly bill |
1000 kWh
9.6¢
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 around 2,261 square feet, with estimated monthly usage of 1,225 kWh. At this usage level, APGE's SimpleSaver 14 offers rates at 9.8¢/kWh, resulting in approximately $120 monthly bills. The city's secondary housing segment consists of small apartments (18% of units), which use considerably less at around 583 kWh monthly and see rates of 14.3¢/kWh with APGE's Rent Simple Saver 14.
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 112 fixed-rate plans with locked pricing throughout the contract term. Rates start at 7.58¢/kWh, with an average of 15.43¢/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 electricity prices and offer no long-term rate guarantees when offered.
Renewable energy
Sherman has 119 renewable plans available, including 23 options with 100% green energy. The average rate is 15.6¢/kWh, just 0.01¢ above the overall market average.
Prepaid plans
Two prepaid electricity options are available in Sherman, averaging 18.34¢/kWh. These plans require no deposit or credit check, with customers paying for electricity before use.
Time-of-use plans
Seven time-of-use plans are offered in Sherman at an average of 17.68¢/kWh. Rates vary by hour, rewarding customers who shift usage away from peak afternoon hours.
Free nights & weekends
Plans offering free electricity during nights and weekends can benefit Sherman households with flexible schedules. These plans charge higher rates during weekday hours to offset the 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 2nd, 2026, the lowest electricity rate available in Sherman is APGE's SimpleSaver 14 at 7.58¢/kWh. This is significantly below the market average of 15.61¢/kWh, with 121 total plans currently available to Sherman residents.
Sherman experiences hot Texas summers and mild winters, driving high cooling costs. Most single-family homes average around 1,225 kWh monthly due to air conditioning demands. Peak summer usage can significantly increase bills, making it essential to choose competitive rates during enrollment periods.
Since 67% of Sherman homes are single-family with estimated usage around 1,225 kWh monthly, a 2000 kWh plan tier is recommended for most residents. This ensures you receive the best rates without overpaying for unused capacity on higher-tier plans.
Switch to competitive rates like the 7.58¢/kWh plans available in Sherman versus the 15.61¢/kWh average. Consider green energy plans, which cost virtually the same (just 0.01¢ above average) with 119 options available, while using programmable thermostats during hot weather.
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!
