Compare Sherman Electricity Rates and Companies

Compare the best Electricity rates and plans in Sherman texas
New Plan
Price
10.2 ¢ kWh
Term
36 months
Avg. Bill
$102 per month
2 Year Price
Price
10.5 ¢ kWh
Term
24 months
Avg. Bill
$105 per month
Low Average Bill
Price
10.4 ¢ kWh
Term
24 months
Avg. Bill
$104 per month
Respected Provider
Price
15.5 ¢ kWh
Term
12 months
Avg. Bill
$155 per month
Rates as of Jun 09, 2025 at 12:37 PM

June 2025 Sherman Market Update

The best Sherman electricity plans to help you save this June

Summer heat in Texas is as certain as death and taxes, and the best time to lock in a rate is February through April. The second best time to lock in a rate is today, particularly before we hit the summer heat peaks of July and August.

Our energy analyst team recommends these plans right now
  • The cheapest electricity rate is the Chariot Energy GridEdge 36, at 9.9 cents per kWh, for 3 years. That comes with long term bill security and is great for shoppers who dont want to hit the market for a new plan every year. That can kill two birds with one stone for many Texas shoppers.
  • For those looking for a shorter 12 month plan, we have the Frontier Saver Plus 12 at 10.2 cents per kWh, for 1 year. Its the lowest 12 month plan on our website currently, and has a sweet bill credit for customers who dont use too much, or too little, electricity. Great for medium sized home owners.
  • For those customers who use over 2,500 kWh of electricity in the summer, but not much in the winter, and who dont want any bill surprises, the Think Clean 12, from Think Energy, is the way to go. Its a flat plan with pretty much the same rates across all usage tiers, this is the plan at 13.9 cents per kWh is the set it and forget it option that many Texans are looking for when it comes to electricity.

Compare Sherman Electricity Rates

We've researched the best providers and plans so you can find a great electricity rate in Sherman

Company Term Rate
Chariot Energy 36/months 10.2¢/kWh
Frontier Utilities 12/months 10.4¢/kWh
Gexa Energy 12/months 10.4¢/kWh
4Change Energy 12/months 10.4¢/kWh
Express Energy 12/months 10.4¢/kWh
APG&E 13/months 10.6¢/kWh
Discount Power 12/months 11.4¢/kWh
Think Energy 12/months 13.7¢/kWh
Veteran Energy 12/months 13.8¢/kWh
Reliant 24/months 13.9¢/kWh
Rates as of Jun 09, 2025 at 12:37 PM

Video - What is The Best Sherman Electricity Rate (Spring 2025)

When do Electricity Rates Change in Sherman Change?

As Sherman moves into winter, you're going to see fixed rate electricity rates drop with the temperature. So if you're looking for cheap Sherman electricity rates, fall to winter is the best time to to compare Texas electricity rates.

Sherman's Best Light Companies

TexasElectricityRatings, rates the top electricity companies in Sherman

Rank Provider Stars Award
#1 Champion Energy Services Champion Energy Services  Medal Provider
#2 Payless Power Payless Power  Medal Provider
#3 Constellation Constellation  Medal Provider
#4 TriEagle Energy TriEagle Energy  Medal Provider
#5 Reliant Reliant  Medal Provider

5 Things to Know Before You Order Sherman Electricity Service

  1. Know your usage. Ok you don't have to "know" but you should have an idea. Are you moving into an apartment/small house, a medium size home or condo, or a large home? Home size matters and relates to the average usage. Electricity rates are based on volume and are based on 500kWh, 1000kWh and 2000kWh use per month. In other words a small house or apartment customer will generally pay a higher rate than a high usage / large house customer.
  2. Know your credit score. Do you have great, average or poor credit? If you have average or poor credit you'll probably be asked to pay a deposit - generally $150-$300. You can also use a no-deposit plan that you pre-pay.
  3. Understand Utility Charges. TDSPs are the local electricity utility company in Sherman. They own and maintain the poles and wires, read the meters and get your power back on when there's a storm or power loss. About 30-40% of your bill is made up of local utility fees.
  4. All rates displayed on our site include Utility Charges and Fees.
  5. Understand Your Electricity Facts Label (EFL) The EFL sets out the rates and charges based on usages of 500, 1000 and 2000kWh.

Compare Business Electricity Rates in Sherman?

You have the power to choose your Commercial and Small Business Electricity Rates in Sherman. The Texas Electricity Ratings commercial electricity marketplace is exclusively for business electricity customers looking to start commercial service or compare their existing commercial electricity rates.

Sherman business electricity rates are some of the lowest in the US and are 20-30% less than residential rates. So, if you're starting a business in Sherman or just want to compare commercial electricity rates and shop the market for a better rate, you could save thousands each year by shopping for a lower rate.

Commercial Electricity Rates in Sherman

Rates as of Jun 09, 2025 at 12:37 PM

How to Switch Your Sherman Power Company

Finding a new electricity provider in Sherman is simple. Follow these simple steps to get the lowest electricity rate in Sherman.

  1. Compare Sherman power companies and prices
  2. Enter your zip code and compare the latest electricity plans from the best Sherman electric companies.

  3. Review electricity plan details
  4. Plan details allow you to view the important information about the plan into a way that is easy to understand.

  5. Complete your order
  6. Once you've selected the best plan, order online through our easy to use platform. We're connected directly to every major Texas electricity company. Once complete you'll receive a confirmation email with your order information and your order status.

Are You Moving to Sherman?

Texas has a deregulated electricity market. That means Sherman Electricity Companies compete for your business. Just like cellphone, Internet, Insurance and credit card companies that compete for your business. And just like those businesses there are plenty of ways that Texas electricity companies can take advantage of you, so we've made it easy. We've rated, ranked, and recommend Sherman's best electricity companies and electricity plans that will make your move easy.

Getting your power turned on in Sherman is easy. If your home has a smart meter, we can get your power turned on in 4-6 hours. Just enter your zip code to get started.

Sherman Energy Plans

There are over 200 plans across 40+ providers currently available in the Sherman Market. They range from 1 month variable rate plans to 60 months in duration. The easiest way to break all this down is into three categories.

Fixed Rate Plans

Fixed rate plans have terms ranging from 3 to 36 months, and provide a "fixed" rate for your electricity usage.

Variable rate or Month to Month plans

Variable rate plans change on a monthly basis. They are good for those who need short term flexibility,, and cannot commit to a long term contract. Variable rate plans change monthly and may double or triple if there is a weather event. (And we've had a few in the last 5 years). We do not recommend these plans.

Pre-paid Plans

For those who have not built credit, or want to avoid paying a deposit, there are pre-paid plans. Prepaid plans require that you establish an account and fund a balance. Usually $25-$50. Once the account is funded, your electricity is turned on and every day your balance is reduced by the cost of electricity used that day. The provider will contact you via text, app and automated calls to add money to your account as the balance changes.

Sherman Electricity Outage and Utility Information

If you have a power outage, or any issue with your home's electrical delivery, you should contact your local electric utility for assistance

Centerpoint Energy: 713-207-2222

Oncor Energy: 888-313-4747

AEP Central/AEP North: 866-223-8508

TNMP: 888-866-7456

Contact the Texas Public Utilities Commission with any other concerns:

PUC Customer Protection, P.O. Austin, TX 787111-3326.

Call 1-888-782-8477

Email the PUCT at customer@puc.texas.gov

Find rates for your zip code in Sherman

FAQ: Sherman Rates, Plans and Providers

Constellation offers these plans in Sherman

The following rates are available from Constellation

12 Month Usage Bill Credit14.90 cents per kWh
24 Month Usage Bill Credit15.20 cents per kWh
12Mo Usage Bill Credit + A/C Protection for 2 Units and HVAC Monitoring15.30 cents per kWh
12Mo Usage Bill Credit + A/C Protection for 1 Unit and HVAC Monitoring15.30 cents per kWh
12 Month GREEN Usage Bill Credit15.70 cents per kWh
12 Month (No Min Usage Fee)16.80 cents per kWh

Is it true that TXU Energy has a low price in Sherman?

Clear Deal 12 is the cheapest rate from TXU Energy. It is a 12 month plan with a rate of 15.900 cents per kWh.

We recommend you compare electricity rates in Sherman and see if this plan is right for you.

What Sherman Champion Energy Services electricity plans are available?

The following rates are available from Champion Energy Services

EV Saver-1214.60 cents per kWh
Champ Saver-2414.80 cents per kWh
Champ Saver-1214.90 cents per kWh
Free Weekends-2415.00 cents per kWh
Green Energy-2415.40 cents per kWh

What is a cheap 4Change Energy electricity rate in Sherman?

Maxx Saver Select 12 is the cheapest rate from 4Change Energy. It is a 12 month plan with a rate of 10.400 cents per kWh.

You can order the Maxx Saver Select 12 plan here on TexasElectricityRatings without hassling with the state-run powertochoose.org website