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 by 0.8¢ over the past 7 days, moving the average rate for a 1,000 kWh home from 14.59¢ to 15.36¢ per kWh. Across 120 North Texas plans, current rates range from 7.2¢ to 22.57¢ per kWh. That’s roughly $8/month more for the average home, so it’s worth keeping an eye on where rates head next.
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 buy electricity from retail providers because Texas deregulated its electric market, so you choose your supplier and plan while a local utility still delivers power. 120 plans are available, including 114 fixed-rate plans with an average rate of 15.27¢/kWh and prices ranging from 7.2¢ to 22.57¢ per kWh. You will find 118 renewable plans, 22 of them 100% green, averaging 15.35¢/kWh, close to the market average. Two prepaid and four time-of-use plans are included. Since 67% of Sherman homes are single-family houses using about 1,225 kWh per month, compare plans at that usage level.
Compare All PlansOCTOBER 10, 2026
TOP 6 LOWEST RATES IN SHERMAN
APGE
SimpleSaver 9
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
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%
4.7
Gexa Energy
Gexa Eco Saver Plus 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
100%
4.7
4Change Energy
Maxx Saver Value 12
Monthly
estimated bill
Price per kWh
1000 kWh
Term length
Fixed rate
3%
4.9
COMPARE ELECTRICITY PLANS
Compare electricity plans in Sherman
Based on 75021 ZIP code. 120 plans available. Rates were updated at 07:33 AM CDT on October 10, 2026.
| Provider | Plan Details | Term | Monthly Bill | Rate per kWh | Action |
|---|---|---|---|---|---|
|
|
SimpleSaver 9 5%
4.7
|
Fixed Rate 9 months Fixed Rate 1000 kWh |
$72.00
Est. monthly bill |
1000 kWh
7.2¢
Price per kWh |
|
|
|
SimpleSaver 12 5%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.00
Est. monthly bill |
1000 kWh
7.3¢
Price per kWh |
|
|
|
Frontier Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.93
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Gexa Saver Plus 12 30%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.93
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Gexa Eco Saver Plus 12 100%
4.7
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$73.93
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 |
$74.00
Est. monthly bill |
1000 kWh
7.4¢
Price per kWh |
|
|
|
Maxx Saver Value 8 3%
4.9
|
Fixed Rate 8 months Fixed Rate 1000 kWh |
$75.38
Est. monthly bill |
1000 kWh
7.5¢
Price per kWh |
|
|
Bill Credit Bundle 12 20%
3.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$75.98
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
Bill Bonus 12 24%
4.0
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$76.15
Est. monthly bill |
1000 kWh
7.6¢
Price per kWh |
|
|
|
SimpleSaver 24 5%
4.7
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$77.00
Est. monthly bill |
1000 kWh
7.7¢
Price per kWh |
|
|
|
Bill Credit Bundle 24 20%
3.6
|
Fixed Rate 24 months Fixed Rate 1000 kWh |
$84.62
Est. monthly bill |
1000 kWh
8.5¢
Price per kWh |
|
|
Power Plus – 12 26%
4.6
|
Fixed Rate 12 months Fixed Rate 1000 kWh |
$84.73
Est. monthly bill |
1000 kWh
8.5¢
Price per kWh |
ELECTRICITY RATES BY HOUSING IN SHERMAN
Find the right plan for your home
Sherman's housing stock is dominated by single-family homes (67% of units), which average about 2,261 square feet and an estimated 1,225 kWh per month; at that usage, APGE's SimpleSaver 9 plan at 9.4¢/kWh works out to roughly $115 per month. Small apartment buildings (2-9 units), making up about 18% of housing, use an estimated 583 kWh per month, where Just Energy's Simple Value – 36 plan at 12.5¢/kWh comes to roughly $73 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
Fixed-rate plans make up 114 of 120 Sherman plans, with prices locked for the contract term. The cheapest is 7.2¢/kWh and the average is 15.27¢/kWh, offering predictable bills during Sherman's hot summers when air conditioning raises usage.
Variable-rate plans
No variable-rate or month-to-month plans are currently offered in Sherman's market data, so the average rate listed is 0¢/kWh. Customers who want to avoid contract terms should check whether a fixed-rate plan with a short term fits their usage.
Renewable energy
Renewable energy plans number 118 in Sherman, with 22 offering 100% green power at an average of 15.35¢/kWh. Green premium is -0.01¢ relative to the market average, so renewable options cost about the same as conventional plans.
Prepaid plans
Two prepaid plans are listed in Sherman, averaging 19.68¢/kWh, which is higher than the 15.27¢/kWh fixed-rate average. Prepaid plans require upfront payment and can suit households that prefer to control spending through balance-based service.
Time-of-use plans
Four time-of-use plans in Sherman average 15.96¢/kWh, pricing electricity differently by hour. Because Sherman's afternoon summer heat drives air conditioning demand, households can lower costs by shifting laundry, dishwashing, and charging to off-peak evening or overnight hours.
Free nights & weekends
Free nights and weekends plans set certain overnight and weekend hours at no energy charge, with standard rates applying on weekdays. Sherman's market data does not report this category separately, so verify hour windows and daytime rates first.
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 + 6.8673¢/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 Oct 10th, 2026, the cheapest electricity rate in Sherman is APGE's SimpleSaver 9 at 7.2¢/kWh, well below the market average of 15.36¢/kWh. With 120 plans available in the area, comparing options before you sign up can help you keep more money in your pocket.
Sherman's hot, humid summers drive heavy air conditioning use, typically the biggest driver of higher electricity bills. Mild winters reduce heating demand compared to northern states. Running AC efficiently, setting thermostats wisely, and choosing a plan with predictable rates can help soften summer cost spikes.
Single-family homes make up 67% of Sherman housing, and most use about 1225 kWh monthly. A 2000 kWh tier is recommended for that usage. With 118 of 120 plans offering green energy at roughly the 15.36¢ market average, you can choose clean power without a meaningful price premium.
Compare plans, since switching from the 15.36¢/kWh average to the 7.2¢/kWh SimpleSaver 9 could cut costs substantially. Also, raise your thermostat in summer, seal drafts, replace filters regularly, and use ceiling fans to reduce cooling demand, which drives much of your 1225 kWh monthly use.
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.
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