Sherman Electricity Rates

Today’s cheapest Sherman electricity rate is 6.7¢/kWh at 1,000 kWh. The average across all 20 providers is 14.02¢/kWh, with the cheapest plan at 6.7¢ and the most expensive at 19.9¢. Plan mix: 20 fixed-rate (3–24 month).

75+Providers
5M+Shoppers
20+Years online

Sorted by price at 1,000 kWh. Plans with bill credits can cost more at other usage levels — check the EFL for the full breakdown.

Cheapest Sherman electricity plans sorted by rate at 1,000 kWh usage, updated September 10, 2026 @ 12:44 PM CT
ProviderPlan Name & TermRate per kWhSign Up
Gexa Energy
Gexa Eco Saver Plus 12
12 months Fixed Rate View EFL
6.70¢
per kWh at 1,000 kWh
Continue
Atlantex Power
Radiance1000
12 months Fixed Rate View EFL
8.13¢
per kWh at 1,000 kWh
Continue
Octopus Energy
Octo Simple 3 - 9.10¢
3 months Fixed Rate View EFL
9.10¢
per kWh at 1,000 kWh
Continue
Payless Power
PTC 3 Month - Postpaid - 10.00¢
3 months Fixed Rate
10.00¢
per kWh at 1,000 kWh
Continue
Ranchero Power
Ranchero Cheapskate - 3 - 10.70¢
3 months Fixed Rate View EFL
10.70¢
per kWh at 1,000 kWh
Continue
Amigo Energy
Power Perks - 12 - 10.90¢
12 months Fixed Rate
10.90¢
per kWh at 1,000 kWh
Continue
Tara Energy
Value Choice - 12 - 10.90¢
12 months Fixed Rate
10.90¢
per kWh at 1,000 kWh
Continue
Just Energy
Smart Choice - 12 - 10.90¢
12 months Fixed Rate View EFL
10.90¢
per kWh at 1,000 kWh
Continue
Chariot Energy
Chariot Choice 24 - 12.10¢
24 months Fixed Rate View EFL
12.10¢
per kWh at 1,000 kWh
Continue
Abundance Energy
Confident Renter 12 - 12.10¢
12 months Fixed Rate View EFL
12.10¢
per kWh at 1,000 kWh
Continue
Spark Energy
Choose 12 - 12.20¢
12 months Fixed Rate View EFL
12.20¢
per kWh at 1,000 kWh
Continue
Heritage Power
Bright Start 5 $50 First Bill Credit!! - 12.30¢
5 months Fixed Rate
12.30¢
per kWh at 1,000 kWh
Continue
BKV Energy
Daisy 9
9 months Fixed Rate View EFL
12.60¢
per kWh at 1,000 kWh
Continue
Discount Power
Saver 12 - 13.20¢
12 months Fixed Rate View EFL
13.20¢
per kWh at 1,000 kWh
Continue
Cirro Energy
Smart Simple 10 - 13.30¢
10 months Fixed Rate View EFL
13.30¢
per kWh at 1,000 kWh
Continue
Branch Energy
Branch Fixed 12 - 14.00¢
12 months Fixed Rate
14.00¢
per kWh at 1,000 kWh
Continue
Direct Energy
Autopay Texas 12 - 15.30¢
12 months Fixed Rate View EFL
15.30¢
per kWh at 1,000 kWh
Continue
Reliant Energy
Reliant Power On 18 - 15.30¢
18 months Fixed Rate View EFL
15.30¢
per kWh at 1,000 kWh
Continue
Green Mountain Energy
Pollution Free e-Plus 12 Choice - 15.80¢
12 months Fixed Rate View EFL
15.80¢
per kWh at 1,000 kWh
Continue
Oncor
Delivers Your Power
14.0¢
Avg Rate / kWh
4.9 hrs
Peak Sun / Day
13.7 yr
Solar Payback
Local Grid

Sherman Utilities

No matter which retail provider you pick, the poles, wires, and meters in Sherman are owned and maintained by one company — and they handle every outage.

Oncor Electric Delivery
Transmission & Distribution Utility · North & Central Texas
3.9M
Customers served statewide
1.6 hrs
Avg outage time / yr (SAIDI)
107 min
Avg restoration (CAIDI)

Oncor Electric Delivery serves about 3,936,107 customers across North & Central Texas, including Sherman. The typical Oncor customer sees roughly 0.9 outages per year, each lasting about 107 minutes.

See the full Oncor profile

Bills & Grid Mix

Sherman Electric Bills

At Sherman’s average rate of 14.0¢/kWh, here’s what a typical home pays across the year — and where that electricity is generated on ERCOT — the Texas grid.

Estimated monthly bill across the year

$133
Jan
$120
Feb
$113
Mar
$120
Apr
$149
May
$195
Jun
$235
Jul
$240
Aug
$208
Sep
$149
Oct
$120
Nov
$136
Dec

A typical Sherman home’s bill ranges from about $113 in Mar to $240 in Aug — summer air conditioning is the single biggest driver. Locking in a low fixed rate before summer is the easiest way to blunt the Aug spike.

Sherman Power Generation

43% Natural Gas
22% Wind
13% Solar
12% Coal
8% Nuclear
2% Hydro & Other
37%
Renewable & carbon-free generation (wind, solar & hydro)
872 lb
CO₂ per month for a typical Sherman home (≈1,140 kWh)

Monthly bills are modeled from the local average rate and a regional seasonal usage profile; your actual usage will vary.

Live Grid Status

Sherman Grid Status

As of , there are 6 customers without power in Sherman’s Grayson County, Texas. This represents <0.01% of 258,767 tracked customers. This is within normal operating levels for the Oncor Electric Delivery service territory. Statewide, 95,142 Texas customers are without power across 880 of 254 counties.

6
Customers Out
258,767
Customers Tracked
<0.01%
Affected
2m ago
Last Updated

Transmission & Distribution

Oncor Electric Delivery
258,767 customers in Grayson County
ERCOT Grid
Electric Reliability Council of Texas
Normal

Oncor Electric Delivery customers in Sherman experience an average of 0.9 outages per year, with each outage lasting approximately 107 minutes. The total annual interruption time averages 1.6 hours per customer.

99° Mostly Clear
104°Feels like 37%Humidity 10 mphWind
Extreme heat in Sherman and Grayson County — 99°F (feels 104°) is pushing air-conditioning demand and outage risk higher.
Source: National Weather Service — KGYI

Is there a power outage in Sherman right now?

Yes. As of , there are 6 customers without power in Sherman (Grayson County, Texas), representing <0.01% of 258,767 tracked customers.

The average Sherman home uses about 1,000–1,300 kWh per month. North Texas summers bring intense heat, while occasional winter ice storms can spike heating usage too. Below are the best Sherman plans at four common usage levels, updated daily.

Sherman Apartments
500 kWh/month
Octo Simple 3 - 9.10¢
$47.50/mo
estimated Sherman monthly bill
  • Octopus Energy
  • 9.5¢/kWh at this usage
  • 3-month fixed rate
Average Sherman Home
1,000 kWh/month
Frontier Saver Plus 12
$67.00/mo
estimated Sherman monthly bill
  • Frontier Utilities
  • 6.7¢/kWh at this usage
  • 12-month fixed rate
Larger Sherman Homes
1,500 kWh/month
Octo Simple 3 - 9.10¢
$136.50/mo
estimated Sherman monthly bill
  • Octopus Energy
  • 9.1¢/kWh at this usage
  • 3-month fixed rate
Large Sherman Homes
2,000+ kWh/month
Octo Simple 3 - 9.10¢
$178.00/mo
estimated Sherman monthly bill
  • Octopus Energy
  • 8.9¢/kWh at this usage
  • 3-month fixed rate

We’ve compared rates and plans from 20 retail electricity providers (REPs) serving Sherman’s Oncor territory. Every provider listed below is licensed by the Public Utility Commission of Texas (PUCT) and offers plans you can sign up for today. Your REP handles billing and customer service; Oncor delivers the power regardless of which provider you choose, so switching never affects reliability.

Frontier Utilities
Houston HQ
Gexa Energy
NextEra Company
Atlantex Power
REP · Sherman
Octopus Energy
UK-Based
Payless Power
Prepaid Plans
Ranchero Power
REP · Sherman
Amigo Energy
Just Energy
Tara Energy
Est. 2005
Just Energy
Canadian Co.
Chariot Energy
Solar & Green
Abundance Energy
REP · Sherman
Spark Energy
Est. 2001
Heritage Power
REP · Sherman
BKV Energy
REP · Sherman
Discount Power
REP · Sherman
Cirro Energy
NRG Company
Branch Energy
REP · Sherman
Direct Energy
NRG Company
Reliant Energy
NRG Company
Green Mountain Energy
100% Renewable

Sherman’s growing economy — anchored by Austin College, Texas Instruments’ semiconductor fab, and its role as the Grayson County seat — means competitive electricity rates matter for businesses of all sizes. Deregulation means your business can shop dozens of providers for the best commercial rate, and Sherman businesses switching from default utility rates typically save 15–30%.

Unlike residential plans with standardized pricing tiers, Sherman commercial electricity rates are custom-quoted based on your business’s usage profile, demand patterns, and contract terms. That means a 3-minute quote request can unlock business rates you’d never see on a residential comparison page.

Whether you’re moving to Sherman or switching from an existing provider, the process is the same and takes about five minutes. Your new retail provider handles the coordination with Oncor — you don’t need to call anyone else, and there’s zero interruption to your power.

  1. Confirm Your Address & Check Your Contract

    Enter your ZIP code to verify your address is in Oncor’s deregulated territory. Sherman and surrounding Grayson County communities qualify. If you’re switching from an existing plan, check your contract end date and early-termination fee — most ETFs are $50–$200, and you can switch penalty-free within 14 days of your contract end.

  2. Compare Plans

    Shop rates from 20 providers. Compare at your actual usage level: apartments around 500 kWh, average homes 1,000–1,300 kWh, larger homes 2,000+ kWh. If you’re on an old plan or rolled onto a variable rate, switching could save $30–$65 per month.

  3. Sign Up

    Enroll online or by phone. You’ll need your service address, preferred start date, and a government ID. Your new provider files a switch request with ERCOT and Oncor, and service transfers on your next meter-read date — typically 1–3 business days. No one visits your home and the lights stay on the entire time.

Moving to Sherman?

Schedule your electricity at least 5 business days before your move-in date to ensure power is on when you arrive — especially important during the hot summer months. Many providers offer same-day or next-day activation for an additional fee if you’re in a time crunch.

Rooftop Solar

Sherman Solar

Sherman gets about 4.9 peak sun hours per day. At the local average rate of 14.0¢/kWh, here's what a typical 7 kW rooftop system looks like.

10,016 kWh
Annual production (7 kW system)
$1,404
Estimated yearly bill savings
$19,250
System cost (before local incentives)
13.7 yr
Estimated payback period

Texas context: 152,730 homes in the state have already installed rooftop solar (1,149 MW of residential capacity).

Estimate assumes a 7 kW system at $2.75/watt and an 80% performance ratio. Over 25 years the system would net roughly $15,850 after its net cost. Run your exact address →

Got questions about Sherman’s electricity market? Our Sherman-focused FAQs cover rates, plans, providers, and everything you need to know.

What is the cheapest electricity rate in Sherman right now?

As of today, the lowest Sherman rate is 6.7¢/kWh at 1,000 kWh, offered by Frontier Utilities (Frontier Saver Plus 12). Across 20 providers offering 95 plans, rates average 14.02¢/kWh. All retail providers serving Sherman are certified by the Public Utility Commission of Texas (PUCT) and compete on the same Oncor Electric Delivery distribution grid. Switching from average to cheapest saves roughly $73/month. Prices are updated multiple times per day.

What is the average monthly electric bill in Sherman?

Based on today’s average rate of 14.02¢/kWh, expect about $140/month for 1,000 kWh of usage in Sherman. EIA data shows Texas homes typically consume 1,140 kWh/month, above the national average. On the cheapest plan at 6.7¢, supply drops to $67/month. Add Oncor Electric Delivery’s regulated delivery fees for the total bill amount.

Who delivers electricity in Sherman?

Oncor Electric Delivery handles all electricity delivery in Sherman — the physical infrastructure, meter reading, and outage response. Under the deregulated model regulated by the Public Utility Commission of Texas (PUCT), your TDU (Oncor Electric Delivery) is separate from your supplier. Your choice of REP (Retail Electric Provider) only affects who bills you for the supply portion and at what rate.

How do I switch electricity providers in Sherman?

Pick a REP (Retail Electric Provider) from the 20 providers serving Sherman, enroll online, and the new supplier handles everything with Oncor Electric Delivery. The PUCT-regulated switch takes 1–2 business days with no service interruption. Oncor Electric Delivery processes it without any physical work at your home. Same grid, same power — just a different rate and billing source.

Are there renewable energy plans in Sherman?

Many Sherman electricity providers offer plans with renewable energy content sourced from Texas wind and solar farms connected to the ERCOT grid. Plans with higher renewable percentages use Renewable Energy Certificates (RECs) to offset your consumption. Same Oncor Electric Delivery delivery, same reliability. Pricing is often comparable to conventional plans, and no home modifications are required.

How much are electricity delivery charges in Sherman?

In Sherman, Oncor Electric Delivery delivery charges are regulated by the Public Utility Commission of Texas (PUCT) and apply uniformly to all customers. These fees cover the physical grid — poles, wires, transformers, meters, and outage crews. Plan rates advertised on comparison sites generally include delivery charges already. The Electricity Facts Label (EFL) for every plan shows the exact split between supply costs and Oncor Electric Delivery’s delivery fees.

Should I choose a fixed or variable rate plan in Sherman?

A fixed-rate plan in Sherman locks your per-kWh supply rate for the contract term, shielding you from ERCOT wholesale price swings. Variable plans may start lower but can increase monthly without notice. With Sherman fixed rates starting at 6.7¢/kWh, locking in before summer — when Texas wholesale prices historically spike — gives most households more predictable bills and lower overall costs.