Sherman Electricity Rates
Today’s cheapest Sherman electricity rate is 7.4¢/kWh at 1,000 kWh. Across 188 plans from 39 providers, rates average 14.39¢/kWh and top out at 20.2¢. 70 of 188 plans are priced between 14-16¢/kWh.
Today's Cheapest Plans
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.
| Provider | Plan Name & Term | Rate per kWh | Sign Up |
|---|---|---|---|
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Budget Power
Prime 12 - 7.40¢
|
7.40¢
per kWh at 1,000 kWh
|
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Chariot Energy
GridPlus 12 - 7.50¢
|
7.50¢
per kWh at 1,000 kWh
|
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Energy Texas
The Lone Saver Plus 12 - 8.20¢
|
8.20¢
per kWh at 1,000 kWh
|
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Rhythm
Rhythm Max Saver 12 - 8.20¢
|
8.20¢
per kWh at 1,000 kWh
|
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Gexa Energy
Gexa Eco Saver Plus 12
|
8.30¢
per kWh at 1,000 kWh
|
Continue |
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Frontier Utilities
Frontier Saver Plus 12
|
8.30¢
per kWh at 1,000 kWh
|
Continue |
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Discount Power
Bill Credit Bundle 13 - 8.40¢
|
8.40¢
per kWh at 1,000 kWh
|
Continue |
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Atlantex Power
Radiance1000
|
8.93¢
per kWh at 1,000 kWh
|
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Octopus Energy
Octopus Lite 12 - 9.80¢
|
9.80¢
per kWh at 1,000 kWh
|
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Just Energy
Smart Choice - 12 - 11.10¢
|
11.10¢
per kWh at 1,000 kWh
|
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Amigo Energy
Power Perks - 12 - 11.10¢
12 months
Fixed Rate
|
11.10¢
per kWh at 1,000 kWh
|
Continue |
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Tara Energy
Value Choice - 12 - 11.10¢
12 months
Fixed Rate
|
11.10¢
per kWh at 1,000 kWh
|
Continue |
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SOUTHERN FEDERAL POWER LLC
Variable Advantage - 12.30¢
|
12.30¢
per kWh at 1,000 kWh
|
Continue |
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Ranchero Power
No Contract Advantage - 12.40¢
|
12.40¢
per kWh at 1,000 kWh
|
Continue |
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REVOLUTION ENERGY LLC
Stars and Stripes Flex - 12.40¢
1 months
Fixed Rate
|
12.40¢
per kWh at 1,000 kWh
|
Continue |
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INFUSE ENERGY
Essential Infusion Flex - 12.40¢
1 months
Fixed Rate
|
12.40¢
per kWh at 1,000 kWh
|
Continue |
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True Power
True Value 12 - 12.60¢
|
12.60¢
per kWh at 1,000 kWh
|
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Abundance Energy
Straight Forward 13 - 13.00¢
|
13.00¢
per kWh at 1,000 kWh
|
Continue |
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VARSITY ENERGY LLC
HOMERUN 12 - 13.00¢
|
13.00¢
per kWh at 1,000 kWh
|
Continue |
 |
Companion Energy
Companion + Perks 12 - 13.00¢
|
13.00¢
per kWh at 1,000 kWh
|
Continue |
- ✓ The cheapest Sherman electricity rate is 7.4¢/kWh at 1,000 kWh — 39 providers compete in the Oncor territory.
- ✓ Fixed-rate plans range from 1 to 36 months, with rates between 7.4¢ and 20.2¢/kWh.
- ✓ The average Sherman household using 1,000 kWh/month pays roughly $144/month at today’s average rate of 14.39¢/kWh.
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 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.
Sherman Electric Bills
At Sherman’s average rate of 14.4¢/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
A typical Sherman home’s bill ranges from about $116 in Mar to $246 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
Monthly bills are modeled from the local average rate and a regional seasonal usage profile; your actual usage will vary.
Sherman Grid Status
As of , there are 0 customers without power in Sherman’s Grayson County, Texas. This represents <0.01% of 71,092 tracked customers. All tracked customers in Grayson County currently have power. Statewide, 1,049 Texas customers are without power across 57 of 254 counties.
Transmission & Distribution
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.
Is there a power outage in Sherman right now?
No. As of , there are no reported power outages in Sherman (Grayson County, Texas). All 71,092 tracked customers have power. This data comes from the U.S. Department of Energy’s Eagle-I system and is updated every 15 minutes.
Best Electricity Plans in Sherman by Usage Level
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.
- INFUSE ENERGY
- 13¢/kWh at this usage
- 1-month fixed rate
- Budget Power
- 7.4¢/kWh at this usage
- 12-month fixed rate
- Budget Power
- 7.4¢/kWh at this usage
- 12-month fixed rate
- SOUTHERN FEDERAL POWER LLC
- 11.9¢/kWh at this usage
- Variable rate
Sherman’s North Texas Heat & Ice
Sherman’s North Texas location means hot summers with temperatures regularly exceeding 100°F, plus occasional winter ice storms. Expect your summer usage to be 2–3x your spring usage. A home that uses 800 kWh in March might hit 1,800+ kWh in August. Always compare plans at BOTH 1,000 kWh and 2,000 kWh to avoid bill shock when Texas heat arrives.
Sherman Electricity Providers
We’ve compared rates and plans from 39 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.
Sherman Business Electricity Rates
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.
How to Get or Switch Sherman Electricity
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.
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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.
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Compare Plans
Shop rates from 39 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.
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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.
Sherman Solar
Sherman gets about 4.9 peak sun hours per day. At the local average rate of 14.4¢/kWh, here's what a typical 7 kW rooftop system looks like.
Texas context: 122,184 homes in the state have already installed rooftop solar (875 MW of residential capacity).
Estimate assumes a 7 kW system at $2.75/watt, an 80% performance ratio, and the 30% federal tax credit. Over 25 years the system would net roughly $22,550 after its net cost. Run your exact address →
Frequently Asked Questions About Sherman Electricity
Got questions about Sherman’s electricity market? Our Sherman-focused FAQs cover rates, plans, providers, and everything you need to know.
How does electricity deregulation work in Sherman?
Sherman is in a deregulated electricity market. Oncor Electric Delivery is the TDU that delivers power through the local grid, but you choose which REP (Retail Electric Provider) provides your electricity supply. the Public Utility Commission of Texas (PUCT) oversees the market to ensure fair competition.
What is the cheapest electricity rate in Sherman right now?
The cheapest Sherman electricity rate is 7.4¢/kWh at 1,000 kWh, offered by Budget Power (Prime 12 - 7.40¢). The average across all 188 available plans is 14.39¢/kWh. Rates are updated multiple times daily.
What is the average monthly electric bill in Sherman?
At the current average rate of 14.39¢/kWh, a Sherman home using 1,000 kWh/month pays approximately $144/month for electricity supply. Actual bills depend on usage, which varies seasonally.
Who delivers electricity in Sherman?
Oncor Electric Delivery is the electric delivery company for Sherman. They own and maintain the poles, wires, and meters. Regardless of which supplier you choose, Oncor Electric Delivery delivers your power.
How do I switch electricity providers in Sherman?
Pick a REP (Retail Electric Provider), enroll online or by phone, and they handle the Oncor Electric Delivery transition. The switch takes 1–2 business days with no service interruption — no one visits your home and your power stays on the entire time.
What happens when my contract expires?
When your contract ends, you may roll onto a variable rate from your current supplier or revert to Oncor Electric Delivery’s default supply rate. It’s best to reshop before expiration to lock in a new competitive rate.
How do Sherman business electricity rates work?
Commercial rates in Sherman are custom-quoted based on your peak demand, load profile, and contract length. Unlike residential plans, business pricing includes demand charges. Compare certified suppliers for the best commercial rate.
Who handles power outages in Sherman?
Oncor Electric Delivery. Your electricity supplier has no role in outage response — that’s always handled by the delivery company.