Sherman Electricity Companies, Plans, and Rates

• The current average Sherman electricity rate is 20.35 cents per kilowatt-hour (kWh), according to data from the Choose Energy marketplace. This rate is 12.41% lower than the Texas average and 21.89% lower than the U.S. average.
• The average Texas residential electricity rate is 14.83 cents per kWh, based on the latest data from the Energy Information Administration (EIA). Texas energy rates are about 10% lower than the average U.S. energy rates.
• The average commercial Texas energy rate is 9.14 cents per kWh, which is 31.7% lower than the national average commercial rate of 13.39 cents per kWh.

Living in a deregulated city like Sherman means you can choose from the best electric providers, electricity rates, and plans in your area. In deregulated markets, electricity providers compete to earn your business through more affordable options, ample plan choices, and usage-based incentives to reduce energy costs. You can use the free Choose Energy marketplace to explore Sherman electricity rates and plans. Enter your ZIP code to begin.

ChooseEnergy.com is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

In Texas, energy providers and utility companies split up their responsibilities. Sherman utilities deliver electricity to your home, maintain power lines, and respond to outages. You cannot choose your utility company because it is determined based on your location.

Your energy provider sells power to you and manages your account by tracking your energy usage. You can choose your Sherman electric company from a variety of providers. Companies like 4Change Energy, Gexa Energy, Express Energy, and Frontier Utilities all offer energy plans in Sherman at competitive electricity rates.

Power outages in Sherman

Power outages in Sherman can occur at any time — especially during winter or hurricane season. If you lose power, you should contact your utility company to report the problem, not your electricity provider. In Sherman, your utility company is Oncor Electric Delivery. Call 1-888-313-4747, use Oncor’s online portal, or text “OUT” to 66267 to report an outage in your area.

When you shop for a Sherman energy plan on Choose Energy, you may come across a few different options. Understanding how each one works will help you find the best one for you.

• Fixed-rate: Your energy rate remains the same throughout your contract. Contracts may span one to three years, depending on the provider. The benefit is you won’t have to worry about rate hikes, so a fixed-rate plan may be ideal if you want a predictable rate. However, if you need to cancel your service during the term, you might owe an early termination fee (ETF).
• Variable-rate: Variable-rate plans go month-to-month and your energy rate can change frequently depending on market conditions. It also means you’re free to switch your provider without any fees. Variable-rate plans are less predictable than fixed-rate plans, but they offer more flexibility.
• Prepaid & no-deposit plans: Texas electric companies can check your credit when you sign up for service. If your score falls below their criteria, you might have to pay a deposit before beginning service. You can bypass a deposit with a prepaid or no-deposit plan, and pay for your energy in advance. Then, you’ll top up your account when the balance runs low.

Sherman green energy

Texas is a leading producer of renewable energy in the U.S., and consistently ranks first in the country for wind power production, and second for solar energy generation. These notable strides in the renewable energy market allow Texas residents to easily find fully green electricity plans.

Each plan in Texas uses some amount of green energy. The Electricity Facts Label (EFL) of each contract outlines how much renewable energy content is included.

Choosing a fully green energy plan can help you play your part in protecting the environment. Sherman residents can choose from a handful of 100% green energy plans offered by providers like Gexa Energy and Green Mountain Energy, which specialize in renewable energy. Enter your ZIP code and use the filter for “green energy” to find the best green energy plans in Sherman.

Sherman energy for business

Companies also have the right to shop for the cheapest electricity providers in Sherman. Fill out our business energy form or call the number on your screen to connect with one of our business energy experts. We’ll help you build a custom commercial electric plan based on your company’s needs.

Comparing electricity rates can be a confusing task if you have to jump between provider pages to compare energy prices. But with the Choose Energy marketplace, you can quickly compare Sherman electricity providers and find affordable rates in your area all in one place.

• Enter your ZIP code to compare accurate electric rates available in Sherman.
• Sign up for an energy plan online or by calling the phone number on your screen after you have found the best option for your needs and budget.
• Enjoy affordable electricity rates on your next power bill. Your new energy provider will take care of the switch without interruption to your service.

Whether you’re moving to the area for the first time or need to switch providers, the Choose Energy team is here to help. Here’s how you can use our free marketplace to find the best Sherman electricity provider:

Moving to a new address

If you’re moving to the Sherman area, you’ll want to alert your current provider of your plans a few weeks beforehand to see if you can bring your current plan with you. If Sherman is outside of your provider’s service area, you’ll need to show proof of your move and choose a new provider (you won’t need to pay an ETF due to a move). You can then use our marketplace to find a new electric company in Sherman by entering your new ZIP code and filtering your results for your energy needs.

Switching energy providers

If your energy needs have changed, or you want to find a cheaper rate in Sherman, Choose Energy makes it quick and convenient to switch providers. Enter your ZIP code to find available plans near you. Once you find a plan and sign up for service, your new supplier will coordinate setup with the utility company without interruption to your service.

Who has the cheapest electricity rates in Sherman?

The cheapest electricity rates in Sherman are currently offered by 4Change Energy, Gexa Energy, and Frontier Utilities. Keep in mind that Texas electricity rates change often because of continuous shifts in energy demand. Use the Choose Energy marketplace to find current electricity rates for your area.

How do I find the best electricity plan in Sherman?

The best plan options depend on your electricity usage, how long you plan to live in your home, and other preferences like green energy or bill credits. Enter your ZIP code to compare Sherman electricity rates, use the available filters to narrow your options, and find a plan that fits your needs and budget.

When is the best time to shop for a Sherman energy plan?

If your fixed-rate contract is ending soon, you should start monitoring prices on the Choose Energy marketplace. Electricity rates tend to increase during times of high demand (summer and winter), so you may want to keep this in mind when shopping for a low-cost energy plan.

How can I lower my electricity bill in Sherman?

One way to lower your electricity bill is to reduce your energy usage. You can turn down your heating and cooling system when possible, switch to LED bulbs, and use energy-saving appliances. Finding cheap electricity companies in Texas can help you find a lower rate and potentially reduce your light bills. Keep in mind that if you’re ending your contract early, you may have to pay an ETF.

What is the average electricity bill in Texas?

The average Texas electricity bill is $169.95. This estimate factors in EIA data showing the average Texas electric rate of 14.83 cents per kWh and the state’s typical energy usage of 1,146 kWh per month.