Sherwood Electricity Rates
Instantly compare competing electricity company rates and energy plans in Sherwood, Texas.
Rates for Sherwood
Graham Griffin
This electricity rates guide for Sherwood, Texas is current as of June 2026. Sherwood is a city of 1,200 residents located in Denton County, Texas. Sherwood's electricity market is regulated, meaning residents are served by their local utility provider.
Guide by Graham Griffin
AboutSherwood
Did You Know?
Sherwood was established in the 1880s as a small farming community along the railroad line between Fort Worth and Weatherford. The town was named after the legendary Sherwood Forest, reflecting the founders' hope that their small settlement would become a place of refuge and prosperity for hardworking families seeking a new life in North Texas.
In 2020, Sherwood completed a major infrastructure upgrade project that brought high-speed fiber internet to all residents and businesses in the city. This $2.3 million investment has attracted several small tech companies and remote workers to the area, helping to diversify the local economy beyond its traditional agricultural roots.
Country music songwriter Red Lane, who penned hits for Merle Haggard including 'The Fugitive' and 'If We Make It Through December,' spent his childhood years in Sherwood during the 1940s. Lane later credited the small-town values and rural lifestyle of Sherwood as major influences on his songwriting style that would earn him induction into the Nashville Songwriters Hall of Fame.
Sherwood is home to one of the last remaining original Santa Fe Railway depot buildings in North Texas, built in 1902 and still standing on Main Street. The depot was so well-constructed that it survived the devastating tornado of 1957 that destroyed most of the downtown area, and local legend claims the building's foundation contains a time capsule that has never been opened.
Every October, Sherwood hosts the annual 'Robin Hood Days' festival, a quirky celebration that transforms the tiny downtown into a medieval village complete with archery contests, jousting demonstrations, and a 'Sheriff of Nottingham' who playfully 'arrests' visitors for minor infractions. The three-day event draws thousands of visitors from across the Dallas-Fort Worth metroplex and has become the town's signature cultural attraction, with many residents spending months crafting elaborate medieval costumes.
Sherwood Electricity Rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
 | APGE | APGE - SimpleSaver 15 Credits | 7.4c per kWh | 15 Mo | $250 | Fixed | |
 | Just Energy | Just Energy - Smart Choice - 12 Credits | 7.5c per kWh | 12 Mo | $175 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.5c per kWh | 12 Mo | $150 | 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 | |
 | 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 | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 7.6c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
 | Discount Power | Discount Power - Bill Credit Bundle 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 |
As a resident or business owner within Sherwood, you can choose the electricity provider that best meets your specific needs.
Compare Power is a free consumer service started in 2009 to assist residents of Sherwood shopping for their lowest-rate energy plan.
These official rates are the identical rates you'll find calling the electricity companies or visiting them online.
Competing offers from many different electricity providers are outlined in a standardized grid, making comparing your options simple and fast.
This assures Texas energy customers avoid hidden fees and marketing gimmicks by comparing plans "apples-to-apples" without spending hours and hours making phone calls or sorting through dozens of different websites.
Electricity Price Trends in Sherwood
Energy in Sherwood is deregulated. As an energy customer, you have a choice when selecting a retail electricity provider (your energy provider), which gives you control and power over your energy bill.
Deregulation of energy in Texas de-monopolized the electricity market for most of Texas, the city of Sherwood included, which introduced competition.
As a result, many fantastic power companies compete for your business in Sherwood by offering low rates, making it a great time to shop, switch, and save money on your energy statement.
As many as 65+ providers compete for your account in Sherwood, and hundreds of plans exist.
Average Electricity Rates in Sherwood
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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 7, 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 Sherwood
#1 rule: Determine what your usage is!
Knowing the amount of energy you will consume month-to-month is the best way to find a deal on energy in Sherwood. Why is this important?
The "price per kWh" you see electricity companies advertising is for an exact monthly usage (usually 1000 kWh).
Every plan has a different calculation for how your monthly bill is computed, and your monthly bill will vary depending on how much power you consume in a month.
Unless you use precisely the advertised amount each month, you will end up paying a "price per kWh" different than the one you saw advertised when you signed up.
Thankfully, there's a better way to pick your electricity plan.
Calculating your expected monthly bill based on estimated monthly usage, then comparing options by total monthly cost is the best way to shop for the lowest rate for you.
Better yet, if you have 12 months of usage history for your household, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter months and is the ideal way to find the perfect electricity rate plan for your home.
Compare Power does all the complicated math for you in an instant. What could take you hours on a spreadsheet is solved in moments.
We put the power in your hands, taking what would amount to hours of research, spreadsheets, and computations across hundreds of offers and guide you step-by-step to the energy rate plan that's best for your home's usage.
We clarify the details, disclosing the various charges, so you'll know exactly where your money is going and what to anticipate on your bill.
We then assist you in enrolling with your selected energy provider without leaving our service.
The takeaway here is you should understand your expected or historical usage before picking the best electricity plan for your home.
If you don't know your usage, estimate
Suppose you recently purchased a home or business or cannot obtain 12 months usage history. In that case, you can always estimate your average monthly energy usage.
Although knowing the previous 12 months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use Compare Power to find the best energy plan for your specific usage.
Moving to Sherwood: Setting up Electricity
If this is your first time setting up electricity service in Sherwood, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
Acquiring usage for the past 12 months may take effort, but the time (and savings) will be well worth it.
Once you have historical usage, Compare Power will do the math instantly to help you find the best plan for your home's usage pattern.
Note: You can estimate your monthly usage if you can't obtain a usage history. Utilize our "Help Me Choose" tool when you enter your zip code below, and we'll help you evaluate your home's usage.
By signing up for a plan through Compare Power you will receive automated reminders when it's time to renew your existing plan or switch plans.
Switching Electricity Companies in Sherwood
Switching is good. Market conditions are constantly in flux, so it is essential to shop for a lower rate each year when your contract is about to expire.
Your existing energy company will typically raise your electricity rate once your contract expires. If you do not act, you'll be left on a month-to-month rate significantly more than the plan you signed up for.
Before renewing your contract, check the rates of competing energy companies.
Switching can save you hundreds or thousands of dollars yearly on your electricity bill.
Switching is easy:
- You don't have to call your current provider to cancel (no "break-up call")
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you switch, your new electricity company will cover everything, including terminating service with your previous provider.
Your lights stay on when you switch. Electricity in Sherwood is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch electricity companies. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration without an "early termination" penalty. Texas law protects you here.
If you're still under contract, find out how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
And even if you're well inside your contract, savings achieved on your monthly bill by switching providers may outweigh the fee to break your existing contract.
If you're ready to switch and would like to know how to find the best plan remember that understanding your usage is the best way to find the best rate.
Keep in mind that when you get ready to switch and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you must collect the usage history for the past 12 months.
Sherwood Energy Companies
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Looking for a great electric company in Sherwood?
You can enroll for service with great companies such as TXU Energy, Reliant, Direct Energy, and more.
To sign up, learn more, or view current rates, click on your chosen company.
No-Deposit Electricity Plans in Sherwood
If you need to find an energy plan in Sherwood that requires no deposit, we can help.
If you are charged a deposit on your first plan selection, Compare Power will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more clicking around and calling electricity companies to determine if a deposit will be required.
Working for you, we will instantly review any deposit obligations for other plans, allowing you to get power and return to your everyday activities stress-free.
Learn how to get no-deposit lights.
Deposit Waivers
You may be eligible to waive the deposit if you meet one of the Texas Public Utility Commission §25.478 - PUCT §25.478.
Sherwood Business Power Plans
If you own a business in Sherwood, you're in great company.
Sherwood is home to many small and large companies and is a thriving town to run a business.
To manage your energy bill, compare prices from competing energy companies.
Compare Power bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information on Compare Power, and the providers will present their bids. You choose the best rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Sherwood 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 Sherwood, visit the or call them at .
Gas
For gas service in Sherwood, call or visit Sherwood's official city website to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Sherwood, the City of Sherwood usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the AEP North 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 Sherwood
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
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View Electricity Prices for Cities Near Sherwood
Are you searching for a lower electricity rate in a different city? If so, you can find the location below and then click to sign up for a more affordable electricity plan.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.
Sherwood Electricity Rates FAQs
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