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 slightly over the past 7 days, down 0.1¢ to an average of 15.74¢/kWh. That’s roughly a $1/month decrease for a typical 1,000 kWh home. With 121 plans available ranging from 7.78¢ to 23.56¢ per kWh, the market remains competitive. While we can’t predict future movements, stable-to-declining rates may present an opportunity for residents looking to switch.
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, giving them the freedom to choose from 121 available plans across multiple providers. Currently, rates range from 7.78¢ to 23.56¢ per kWh, with an average of 15.74¢/kWh. The market offers 112 fixed-rate plans and 119 renewable options (including 23 that are 100% green energy). Since 67% of Sherman homes are single-family residences averaging around 1,225 kWh monthly, most residents should compare plans at the 1,000 or 2,000 kWh usage tier to find accurate pricing for their needs.
Compare All PlansAPRIL 15, 2026
TOP 6 LOWEST RATES IN SHERMAN
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
APGE
SimpleSaver 15
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
5%
4.5
Just Energy
Smart Choice – 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
31%
4.4
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
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 121 plans available. Rates were updated at 07:37 AM CDT on April 15, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.85
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$77.85
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
SimpleSaver 15 5%
4.5
|
Fixed Rate 15 months Fixed Rate 1000 kWh |
$78.00
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
Smart Choice – 12 31%
4.4
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$78.41
Est. monthly bill |
1000 kWh
7.8¢
Price per kWh |
|
|
|
Maxx Saver Value 12 3%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$78.80
Est. monthly bill |
1000 kWh
7.9¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$78.81
Est. monthly bill |
1000 kWh
7.9¢
Price per kWh |
|
|
Gexa Eco Saver Plus 12 100%
4.8
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$78.81
Est. monthly bill |
1000 kWh
7.9¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.5
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$79.00
Est. monthly bill |
1000 kWh
7.9¢
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 |
|
|
|
Maxx Saver Value 6 3%
4.8
|
Fixed Rate 6 months Fixed Rate 1000 kWh |
$83.50
Est. monthly bill |
1000 kWh
8.3¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
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, which typically use about 1,225 kWh monthly. At this usage level, Discount Power's Bill Credit Bundle 12 offers the lowest rate at 10.0¢/kWh (~$123/month). The city also has a notable share of small apartments (18% of housing), where residents using around 583 kWh/month would find the best rate with Energy Texas — Texas Bright 12 at 14.1¢/kWh (~$82/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 112 fixed-rate plans with locked pricing for the contract term. Rates start at 7.78¢/kWh, with the market average at 15.55¢/kWh. These plans protect against price fluctuations during hot Texas summers.
Variable-rate plans
No month-to-month plans are currently available in Sherman. Variable-rate plans typically allow cancellation without penalty but have rates that fluctuate monthly based on market conditions and seasonal demand.
Renewable energy
Sherman offers 119 renewable energy plans, including 23 that are 100% green-powered. The average rate is 15.72¢/kWh, just 0.02¢ above the market average, making clean energy accessible without significant cost premium.
Prepaid plans
Two prepaid electricity options are available in Sherman, averaging 18.14¢/kWh. These plans require upfront payment with no deposit or credit check, allowing residents to monitor daily usage and recharge their account as needed.
Time-of-use plans
Seven time-of-use plans are offered in Sherman at an average rate of 18.05¢/kWh. These plans charge different rates based on time of day, potentially benefiting residents who can shift usage away from peak afternoon hours.
Free nights & weekends
Plans offering free electricity during nights and weekends can benefit Sherman households able to shift major usage like laundry and AC cooling to off-peak times. These plans typically have higher daytime weekday rates to offset 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 April 15th, 2026, the lowest electricity rate available in Sherman is Discount Power's Bill Credit Bundle 12 at 7.78¢/kWh. This is significantly below the market average of 15.74¢/kWh, with 121 total plans currently available to Sherman residents.
Sherman's hot summers and cold winters drive higher electricity usage for air conditioning and heating. With typical single-family homes using around 1225 kWh monthly, seasonal temperature extremes can significantly increase bills. Choosing a plan with favorable rates at higher usage tiers helps manage weather-related cost fluctuations.
Since 67% of Sherman homes are single-family residences averaging 1225 kWh monthly, plans rated at the 2000 kWh tier typically offer the best value. This higher tier accommodates seasonal usage spikes from heating and cooling while ensuring competitive rates year-round.
Compare all 121 available plans to find competitive rates—the market average is 15.74¢/kWh, but rates as low as 7.78¢/kWh exist. Consider the 119 green energy plans available, which cost virtually the same as traditional options at just 0.02¢ above average.
Great choice!
