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 increased slightly over the past 7 days, with the average rate rising from 15.55¢ to 15.77¢ per kWh. That’s roughly a $2/month increase for a typical 1000 kWh home. With 122 available plans ranging from 7.13¢ to 23.56¢, the market remains competitive, though we’re monitoring whether this upward trend 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
Sherman residents benefit from Texas’s deregulated electricity market, allowing them to choose from 122 competing plans rather than relying on a single utility. With 67% of homes being single-family residences averaging 1,225 kWh monthly, most shoppers should compare rates at the 1,000 or 2,000 kWh usage tier. Current options include 114 fixed-rate plans (averaging 15.57¢/kWh), 6 time-of-use plans, and 2 prepaid plans. Notably, 120 renewable energy plans are available—24 offering 100% green energy—with essentially no price premium over conventional electricity. Rates span from 7.13¢ to 23.56¢ per kWh, making careful comparison worthwhile.
Compare All PlansJULY 19, 2026
TOP 6 LOWEST RATES IN SHERMAN
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.5
APGE
SimpleSaver 11
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.6
APGE
SimpleSaver 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.6
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%
4.8
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. 122 plans available. Rates were updated at 07:33 AM CDT on July 19, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
Smart Choice – 12 31%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$71.26
Est. monthly bill |
1000 kWh
7.1¢
Price per kWh |
|
|
|
SimpleSaver 11 5%
4.6
|
Fixed Rate 11 months Fixed Rate 1000 kWh |
$73.00
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$74.00
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 |
$77.40
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.40
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.40
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.70
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.70
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
Rhythm Max Saver 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$78.36
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
The Lone Saver Plus 12 100%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$78.36
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
SimpleSaver 8 5%
4.6
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$80.70
Est. monthly bill |
1000 kWh
8.1¢
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 |
ELECTRICITY RATES BY HOUSING IN SHERMAN
Find the right plan for your home
Sherman's housing is predominantly single-family homes at an average of 2,261 square feet, translating to approximately 1,225 kWh monthly usage. At this consumption level, Just Energy's Smart Choice – 12 plan offers rates at 9.3¢/kWh, resulting in roughly $114 per month. The city's smaller apartments (18% of housing stock) average 583 kWh monthly, where Atlantex Power's Luminous 12 plan prices at 13.8¢/kWh or about $81 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 residents can choose from 114 fixed-rate plans with locked-in pricing. Rates start at 7.13¢/kWh, with an average of 15.57¢/kWh. Your rate remains constant regardless of seasonal temperature fluctuations.
Variable-rate plans
Currently no variable-rate or month-to-month plans are available in Sherman. These plans typically fluctuate with wholesale electricity costs and offer no long-term rate protection during Texas summer heat.
Renewable energy
Sherman offers 120 renewable energy plans, including 24 that are 100% green. At an average of 15.74¢/kWh, green energy costs only 0.03¢ more than the market average.
Prepaid plans
Two prepaid electricity options are available in Sherman, averaging 19.28¢/kWh. These plans require no deposit or credit check, with payments made before using electricity rather than monthly billing.
Time-of-use plans
Six time-of-use plans are available in Sherman, averaging 18.27¢/kWh. These plans charge different rates based on time of day, rewarding customers who shift usage away from peak hours.
Free nights & weekends
These plans offer no-cost electricity during specific hours, beneficial for Sherman households that can run air conditioning, laundry, and appliances during off-peak times. Daytime rates are typically higher.
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 July 19th, 2026, the lowest electricity rate in Sherman is Just Energy's Smart Choice – 12 at 7.13¢/kWh. This is significantly below the market average of 15.77¢/kWh, with 122 total plans currently available to Sherman residents.
Sherman's hot summers and cold winters significantly impact electricity usage. Most single-family homes in Sherman use approximately 1,225 kWh monthly, with higher consumption during peak heating and cooling seasons. Choosing plans designed for 2000 kWh usage helps manage seasonal fluctuations effectively.
Since 67% of Sherman housing consists of single-family homes with estimated monthly usage around 1,225 kWh, residents should choose plans in the 2000 kWh tier for optimal rates. With 120 green energy plans available at just 0.03¢ below average, eco-friendly options are highly affordable.
Switch to competitive rates like the current lowest at 7.13¢/kWh versus the 15.77¢/kWh market average to save significantly. Additionally, ensure your plan matches your home's usage tier—most Sherman single-family homes benefit from 2000 kWh plans for maximum savings.
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!
