ELECTRICITY RATES IN SHERMAN
Sherman Electricity Rates and Plans
Shop and compare energy plans from top electricity providers in Sherman, Texas.
ENERGY COMPANIES & RATES IN SHERMAN
Sherman Electricity Guide
Sherman electricity prices have risen slightly over the past 7 days, climbing 0.1¢ per kWh to an average of 15.26¢ for a typical 1000 kWh home. That’s about $1 more per month. Across North Texas, 115 plans are available, with rates ranging from 7.2¢ to 22.57¢ per kWh depending on term length and plan type. We’ll keep watching whether this upward drift continues.
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 deregulation means Sherman residents choose their electricity provider and plan, while a regulated utility still delivers power and maintains lines. Currently 115 plans are available, including 109 fixed-rate plans, 113 renewable energy plans, 2 prepaid plans, and 4 time-of-use plans, with no variable-rate or month-to-month options. Rates range from 7.2¢ to 22.57¢ per kWh, averaging 15.26¢. Since 67% of Sherman homes are single-family residences using roughly 1,225 kWh per month, that usage tier is a practical reference when comparing plans. Compare the total monthly cost at that usage level, not just the per-kWh rate.
Compare All PlansOCTOBER 24, 2026
TOP 6 LOWEST RATES IN SHERMAN
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Compare electricity plans in Sherman
Based on 75021 ZIP code. 115 plans available. Rates were updated at 07:33 AM CDT on October 24, 2026.
ELECTRICITY RATES BY HOUSING IN SHERMAN
Find the right plan for your home
Single-family homes make up 67% of Sherman's housing stock, averaging about 2,261 sq ft and an estimated 1,225 kWh per month, where APGE SimpleSaver 9 at 9.4¢/kWh works out to roughly $115 monthly. Small apartment buildings (2-9 units), which account for 18% of housing, typically use around 583 kWh per month, where APGE Rent Simple Saver 9 at 11.7¢/kWh comes to roughly $68 monthly.
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.
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.
FREQUENTLY ASKED QUESTIONS
Common questions about energy in Sherman
As of Oct 24th, 2026, the cheapest electricity rate in Sherman is APGE's SimpleSaver 9 at 7.2¢ per kWh. That is well below the market average of 15.26¢ per kWh across 115 available plans, so comparing options can lead to significant savings.
Sherman's hot, humid summers push air conditioning use to its peak, which drives up kWh consumption and bills during those months. Mild winters help balance costs, but choosing a plan with a fixed rate can shield you from summer price swings.
Single-family homes make up 67% of Sherman housing, and most use about 1,225 kWh monthly. A plan tiered around 2,000 kWh gives these households a good fit, and with 113 green plans available, you can also choose renewable energy at nearly market-average pricing.
Start by comparing plans, since the cheapest option, APGE's SimpleSaver 9 at 7.2¢ per kWh, sits far below the 15.26¢ market average. Also, run your AC at a moderate setting, use a programmable thermostat, and seal drafts to cut monthly usage.
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.




