Sherman Electricity Rates
Instantly compare competing electricity company rates and energy plans in Sherman, Texas.
Rates for Sherman
Graham Griffin
This electricity rates guide for Sherman, Texas is current as of June 2026. Sherman is a city of 43,645 residents located in Grayson County, Texas. Sherman's electricity market is regulated, meaning residents are served by their local utility provider.
Guide by Graham Griffin
AboutSherman
Did You Know?
Sherman was founded in 1846 and named after General Sidney Sherman, a hero of the Battle of San Jacinto who famously shouted 'Remember the Alamo!' during the charge that secured Texas independence. The city became a major railroad hub when the Houston and Texas Central Railway arrived in 1872, transforming it from a small farming community into North Texas's most important transportation center.
In 2020, Sherman completed construction of the $185 million Texoma Medical Center, one of the largest healthcare facilities in North Texas outside the Dallas-Fort Worth metroplex. The state-of-the-art hospital brought over 1,200 jobs to the area and serves as a regional medical hub for patients from Texas, Oklahoma, and Arkansas.
Country music legend Buck Owens was born in Sherman in 1929 before his family moved to California during the Dust Bowl. He later became a pioneer of the 'Bakersfield Sound' and co-hosted the television show 'Hee Haw' for over two decades, but always credited his Sherman roots for shaping his musical style and work ethic.
Sherman is home to the only courthouse in Texas that was struck by lightning and survived a tornado on the same day in 1896. The Grayson County Courthouse's clock tower was hit by lightning during a severe thunderstorm, and just hours later, a tornado swept through downtown, yet the building remained standing and still serves as the county courthouse today.
Sherman hosts the annual 'Texoma Lakefest' on nearby Lake Texoma, which draws over 100,000 visitors each summer for what's considered one of Texas's largest lake festivals. The event features hydroplane racing, live music, and a unique 'anything that floats' race where participants build creative watercraft from unconventional materials, celebrating the city's deep connection to Lake Texoma, one of the largest reservoirs in the United States.
Sherman Electricity Rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
 | APGE | APGE - SimpleSaver 15 Credits | 7.4c per kWh | 15 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.5c per kWh | 12 Mo | $150 | Fixed | |
 | Just Energy | Just Energy - Smart Choice - 12 Credits | 7.5c per kWh | 12 Mo | $175 | Fixed | |
 | 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 7.6c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 6 Credits | 7.6c per kWh | 6 Mo | $20/Mo remaining | Fixed | |
 | Gexa Energy | Gexa Energy - Gexa Eco Saver Plus 12 Green Credits | 7.6c per kWh | 12 Mo | $150 | Fixed | |
 | Discount Power | Discount Power - Bill Credit Bundle 24 Credits | 7.6c per kWh | 24 Mo | $295 | Fixed | |
 | Frontier Utilities | Frontier Utilities - Frontier Saver Plus 12 Credits | 7.6c per kWh | 12 Mo | $150 | Fixed | |
 | Cirro Energy | Cirro Energy - Bill Bonus 24 Credits | 7.6c per kWh | 24 Mo | $295 | Fixed | |
| Discount Power | Discount Power - Bill Credit Bundle 12 Credits | 7.7c per kWh | 12 Mo | $150 | Fixed | |
| Cirro Energy | Cirro Energy - Bill Bonus 12 Credits | 7.7c per kWh | 12 Mo | $150 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 24 Credits | 7.7c per kWh | 24 Mo | $20/Mo remaining | Fixed | |
| APGE | APGE - SimpleSaver 14 Credits | 7.7c per kWh | 14 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 15 Credits | 7.8c per kWh | 15 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.9c per kWh | 12 Mo | $150 | Fixed | |
| Just Energy | Just Energy - Smart Choice - 12 Credits | 7.9c per kWh | 12 Mo | $175 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 8.0c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
| Frontier Utilities | Frontier Utilities - Frontier Saver Plus 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed | |
| Cirro Energy | Cirro Energy - Bill Bonus 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed | |
| Discount Power | Discount Power - Bill Credit Bundle 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed |
The rates table below shows quotes from electricity providers serving Sherman.
You can choose your home's electric provider with the help of Compare Power.
Compare Power is a no-cost consumer service established in 2009 to assist residents of Sherman as they look for affordable energy plans.
The quoted rates on the site's standardized pages are the same communicated through provider websites or call centers.
This standard approach to quotes allows simple comparisons between dozens of electricity providers.
Instantly compare competing Sherman electricity companies
Electricity Price Trends in Sherman
Sherman residents benefit from a decision made by the Texas State Legislature in 2002. Legislators decided to deregulate the market for electricity in most Texas communities. This change opened the market to competition from up to 100 energy providers.
How does this impact your search for affordable electricity? These providers use low rates and good customer service to attract new customers. You can leverage this competition by shopping every year for a new provider.
Compare Power allows you to search through hundreds of electricity plans available in Sherman. Once you are ready to sign up, you can complete the entire process without leaving the site.
Average Electricity Rates in Sherman
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The average residential electricity rate in Texas is 15.7¢, 13% less than the U.S. average.
EIA Electricity Rates - National Average (3 Year Trend)
Residential YoY
+7.6%
Commercial YoY
+7.5%
Industrial YoY
+12.1%
Source: U.S. Energy Information Administration
Data through January 2026 · Up to date as of June 13, 2026
EIA data is typically published 2-3 months after the reporting period. Recent months may not yet be available.
Got me the cheapest electric. Nice.
How to Find the Best Energy Plan in Sherman
#1 rule: Know your usage!
As you search for a new electricity provider, it's important that you know your monthly usage rate. Why? Because providers use a standardized rate for all of their quotes.
You might fall into the group of consumers who use this rate per month. More than likely, you use more or less than the quoted rate.
This means the quoted price is unlikely to represent what will appear on your bill.
Compare Power levels the playing field by customizing quotes based on your actual usage. The rates presented by Compare Power are updated based on provider information and show you how much you can expect to spend each month.
If you can't find previous bills or meter readings, take your best guess at monthly usage. This isn't a perfect solution, but you'll avoid picking a provider who charges you more than you'd like to spend.
Use Compare Power to find the best energy plan for your specific usage.
Moving to Sherman: Setting up Electricity
Important: If this is your first time setting up electricity service in Sherman, you'll need to get the previous 12 months of energy usage for your new home to get the best rate.
An easy way to find the previous usage in a new property is to ask the landlord or previous owner. This information might require research but will help you save in the long run.
Compare Power will do the math instantly to help you find the right plan for your home's usage needs.
Note: You can estimate your monthly usage if you can't obtain a usage history. Utilize the "Help Me Choose" tool when you enter your zip code below, and Compare Power will help you evaluate your home's usage.
Switching Electricity Companies in Sherman
Each year presents an opportunity to shop around for inexpensive electricity rates. The end of your electricity contract also means your provider can raise your rate. Shopping around for a new provider is a good idea if you want to save money each year.
Switching is easy because:
- You don't have to call your current provider to cancel.
- No one comes to your house.
- There is no disruption in your electricity.
- It takes just minutes.
When you switch, your new electricity company will handle everything, including ending service with your previous provider.
There is no loss of power when you switch because the Oncor Transmission and Distribution Utility delivers electricity in Sherman.
The wires and poles that deliver electricity to your home do not change when you switch electricity providers.
A few considerations can help you decide whether to make the switch:
- Texas state law allows cancellation within 14 days of a contract ending without penalty.
- Most plans allow the establishment of future starting dates 60 days before the date.
- A cheaper plan might make early termination penalties worthwhile.
Sherman Energy Companies
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Looking for a great electric company in Sherman?
You can sign up for service with great companies such as TXU Energy, Reliant, and Direct Energy.
No-Deposit Electricity Plans in Sherman
A no-deposit electricity plan in Sherman allows you to switch providers at no upfront cost. Some providers, however, require deposits for new customers.
You shouldn't have to worry about deposits for electricity plans. Compare Power shows your deposit requirements for all plans in your area.
This simple step shows you the time and energy pouring over electricity plan details. Once you find the right no-deposit plan, completing the signup process in minutes on Compare Power is possible.
Learn how to get no-deposit lights.
Deposit Waivers
You may be eligible to have the deposit waived if you meet one of the requirements from the Texas Public Utility Commission §25.478 - PUCT §25.478.
Sherman Business Electricity plans
Sherman offers a great business climate for companies big and small. The city hosts outposts for companies like Tyson Foods, Texas Instruments, Verizon, and Progress Rail Service.
Whether you are just starting or have run a business for years, you must tame your monthly expenses. Costs like electricity, insurance, and wages can prevent your business from staying competitive.
Compare Power allows business owners like you to find affordable electricity rates without wasting time on research. The site gathers sealed bids from commercial energy providers in Sherman. Once you enter your zip code, you'll get a range of bids. You can find the bid that suits your needs, complete registration, and move on with your day.
Click here to get competing quotes for your business electricity.
Sherman Utilities
Electricity
To learn more about smart meters or to download your electricity usage, visit .
To report an issue with your electricity service or power outages in Sherman, call or visit the :
Gas
For gas service in Sherman, call or visit at .
Garbage/Recycling Pickup
In Sherman, garbage, sewer, and recycling services are included with your water utilities bill from the City of Sherman.
Water
TheCity of Sherman's Customer & Utilities Department is a public utility owned by the City of Sherman, TX.
Customer Care: (903) 892-7237
Hours of operation: Monday - Friday, 7:45 am - 5 pm.
24-Hour Emergency Service : call if you suspect a water main break, water leak, sewer overflow, or water contamination.
Other Utility Service Areas in Texas
Not in the Oncor Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View Electricity Prices for Zip Codes in Sherman
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Sherman Electricity Rates FAQs
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