Sherman Electricity Rates and Companies
Shop for energy plans from Sherman’s top electricity providers. Rates as low as 9.5¢.

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Compare today’s Sherman electricity rates

APG&E - SimpleSaver 14 14 months $0.095 / kWh
Rhythm Energy - Rhythm Saver 12 12 months $0.096 / kWh
4Change Energy - Maxx Saver Value 12 12 months $0.096 / kWh
Express Energy - Flash Value 12 12 months $0.096 / kWh
Gexa Energy - Gexa Eco Saver Plus 12 12 months $0.099 / kWh
Frontier Utilities - Frontier Saver Plus 24 24 months $0.099 / kWh
Discount Power - Bill Credit Bundle 24 24 months $0.099 / kWh
Cirro - Simple Bill Credit 24 24 months $0.099 / kWh
Atlantex Power - Radiance1000 12 12 months $0.122 / kWh
Veteran Energy - Valor 12 12 months $0.132 / kWh
TXU Energy - Smart Edge 12 12 months $0.135 / kWh
TriEagle Energy - Real Deal 12 12 months $0.139 / kWh
Constellation - 12 Month Usage Bill Credit 12 months $0.146 / kWh
Direct Energy - Live Brighter Lite 12 12 months $0.155 / kWh
Reliant - Reliant Power Savings 12 plan 12 months $0.155 / kWh
Green Mountain - Pollution Free Conserve 12 Preferred 12 months $0.175 / kWh
Payless Power - 6 Month - prepaid 6 months $0.179 / kWh

Please note: All rates above are accurate as of 9/13/2025, 2:53:44 PM CDT for ZIP Code 75090. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Your power to choose electricity in Sherman

If you live in Sherman, you’ll benefit from the deregulated Texas energy market. That means you have the power to choose an electricity provider instead of buying energy from your utility company. Enter your ZIP code on the Choose Texas Power marketplace to explore your options and sign up for a new plan.

Choose Texas Power is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

Average residential energy rate

Before you begin shopping for energy plans, it helps to understand average prices in the area. The average residential electricity rate in Sherman is 13.63 cents per kilowatt-hour (kWh), according to our latest marketplace data. Your actual price may vary by season, location, usage level, and other factors.

Best electricity providers

In Sherman, electricity providers sell energy plans to residential and business customers and manage billing. Thanks to deregulation, you can choose from many energy companies in Sherman. Some of the top providers on our marketplace include Express Energy, Gexa Energy, 4Change Energy, Reliant Energy, TriEagle Energy, and Veteran Energy.

Oncor Electric Delivery is Sherman’s utility

While you’re free to choose your energy provider, you can’t pick which utility company serves your home. Utilities have several important responsibilities in the electricity market: delivering power to your home, maintaining local electric infrastructure, and responding to outages. Your utility is determined by where you live — and in Sherman, the local utility is Oncor Electric Delivery.

If your power goes out in Sherman, reach out to Oncor (instead of your energy provider). Here’s how:

Types of Sherman electric plans

Not sure which kind of electricity plan is best for your household? Here are the most common types you’ll encounter on Choose Texas Power’s marketplace:

  • Fixed-rate plans: If you sign up for a fixed-rate plan, you’ll enter into a contract with your provider (which generally lasts 12 to 36 months). During that time, your electricity rate won’t change. However, fixed-rate plans often come with early termination fees (ETFs), which apply if you cancel your plan before your contract runs out.
  • Variable-rate plans: With a variable-rate plan, your rate changes depending on the wholesale cost of electricity. That means you can get a cheaper rate when demand is down, but your rate will likely go up when demand increases. On the plus side, there are no ETFs or contracts, so you can switch plans or providers whenever you want.
  • No-deposit plans: If your credit score falls below a certain threshold, you may have to pay a deposit on your electricity plan. One way to avoid this is by signing up for a no-deposit plan. For example, prepaid plans don’t require a deposit and allow you to pay for your electricity upfront. When your account funds run low, your provider will notify you to top them up.

Understanding Sherman electric rates

Electricity prices vary throughout Texas, mainly due to different utility transmission and distribution charges. Your rate in Sherman could be entirely different from someone else’s rate in Houston, even for the same plan. To make sure you get accurate pricing for your area, it’s important to factor in your location before shopping for electricity plans. When you’re ready to discover and compare electric rates in Sherman, enter your ZIP code on the Choose Energy marketplace.

Commercial energy

If you own a business in Sherman, you can choose your company’s energy provider. To sign up for a cost-effectivw electricity plan for your business, contact us through our commercial energy page or by calling the number on this page.

Green energy plans

No matter which energy plan you choose in the Lone Star State, at least a portion of its power will come from renewable sources. You’ll find more information about your plan’s renewable content in its Electricity Facts Label (EFL).

You can compare prices for 100% green energy plans on our marketplace by entering your ZIP code and selecting the green energy filter.

How to switch energy companies

With Choose Texas Power, you can easily sign up for a new energy plan or switch electricity providers. Here’s how our independent marketplace helps you discover the best electricity rates in Sherman and secure the right plan for your needs.

Moving to a new address

If you’re moving to Sherman, you may be able to transfer your current electricity plan to your new home. Contact your light company ahead of your move to determine if you’ll need a new plan. Otherwise, shop for a reliable new provider using your new ZIP code on our marketplace.

Switching energy providers

If you’re unhappy with your current provider or want a cheaper rate, you can also use Choose Texas Power to switch providers. However, it’s a good idea to check the EFL on your current plan first. If it’s a fixed-rate plan, you’ll usually have to pay an ETF if you cancel before your contract is up.

Sherman energy FAQs

Which providers typically have the cheapest electricity rates in Sherman?

The cheapest rates change often, the lowest available electricity rate today is 9.5 from APG&E. You can also typically find cheap rates from companies like 4Change Energy, Gexa Energy, Express Energy, and Frontier Utilities.

Where can I compare Sherman electricity rates?

Use an energy plan marketplace like Choose Texas Power to compare today’s best energy rates in Sherman. All you need to do is enter your ZIP code on our marketplace or call our live agents to quickly find the best plans and providers near you.

What is the average electric bill in Sherman?

The average electric bill in Sherman is currently around $156 per month. To calculate this, we referenced average electricity usage data from the Energy Information Administration (EIA) and our latest average marketplace rates.

How can I lower my electricity bill in Sherman?

One of the quickest ways to lower your electric bill is by reducing your electricity usage. You can do this in many different ways, such as installing a smart thermostat, taking shorter showers, changing your HVAC filters regularly, turning up the temperature, and switching to LED light bulbs.