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Sherman

Compare Sherman Electricity Companies and Rates

Written by Sean Jackson

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Edited by Jamie Cesanek

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Last Updated: May 31, 2024

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Sherman electricity rates

Plan NamePlan LengthRate*
Express Energy - Flash 1212 months$0.114/ kWh
Gexa Energy - Gexa Eco Saver Plus 1212 months$0.114/ kWh
Frontier Utilities - Frontier Saver Plus 2424 months$0.114/ kWh
4Change Energy - Maxx Saver Select 2424 months$0.114/ kWh
Cirro - Simple Bill Credit 2424 months$0.115/ kWh
Discount Power - Bill Credit Bundle 2424 months$0.115/ kWh
Veteran Energy - Valor 2424 months$0.145/ kWh
Reliant - Power Savings 24 plan24 months$0.155/ kWh
Rhythm Energy - Clear Choice 1212 months$0.158/ kWh
TriEagle Energy - Real Deal 3636 months$0.159/ kWh
Direct Energy - Live Brighter Lite 2424 months$0.165/ kWh
TXU Energy - Smart Edge 1212 months$0.165/ kWh
BKV Energy - Lantana 3636 months$0.171/ kWh
Green Mountain - Pollution Free e-Plus 24 Preferred24 months$0.178/ kWh
Payless Power - 12 Month - prepaid12 months$0.188/ kWh

Please note: All rates above are accurate as of 7/26/2024, 8:47:52 PM CDT for ZIP Code 75092. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

*All pricing shown in cents per kWh

Your power to choose electricity in Sherman

Living in a deregulated city like Sherman, Texas, leaves the choice of electricity provider in your hands. You can choose from the best electric providers, rates, and plans in your area. Companies compete to earn your business through more affordable options, ample plan choices, and usage-based incentives to reduce energy costs. 

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

Sherman utilities and electricity providers

In Texas, energy providers and utility companies split up their responsibilities. Your energy provider sells power to you while your utility delivers the electricity to your home. An electricity provider also manages your account by tracking your energy usage. You have the ability to 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. 

Sherman utilities distribute electricity, maintain power lines, and respond to outages. You cannot choose your utility company because it is determined based on your location.

Power outages in Sherman

Sherman, TX, power outages can occur at any time — especially during winter or hurricane season. If you lose power, contact your utility company to report the problem. In Sherman, your utility company is Oncor Electric Delivery. Call 1-888-313-4747 or use the online portal to report an outage in your area.

Types of electricity plans in Sherman

When you shop for a Sherman energy plan, you’ll have to sort through a few different plan types. 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. However, if you need to cancel your service during the term, you might owe an early termination fee. 
  • Variable-rate: Variable-rate plans go month-to-month, so your energy rate can change frequently depending on market conditions. It also means you’re free to switch your provider without any fees. 
  • 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. You can bypass a deposit with a prepaid or no-deposit plan.

Sherman green energy

Texas is a leading producer of renewable energy in the U.S. and is currently ranked first in the country for wind power production. It also ranks second for solar energy generation. These notable strides in the renewable energy market allow Texas residents to easily find fully green 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 Gexa Energy and Green Mountain 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 your area. When you fill out our business energy form or call the number on our screen, we can connect you with a reliable commercial electricity provider and work with your company’s needs.

How to compare electricity rates with ChooseEnergy.com

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.   

  • 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.

Moving or switching providers in Sherman

Whether you’re moving to the area or need to switch providers, our marketplace can help. Here’s how to navigate our resources depending on your situation: 

Moving to a new address

If you’re moving to the area, you can bring your current plan with you if your provide serves Sherman customers. If it doesn’t, you’ll need to show proof of your move and pick a new company. In both cases, you’ll want to alert your current provider of your moving plans about two weeks beforehand. You can use our marketplace to find a new electric company in Sherman, TX, by entering your ZIP code. 

Switching energy providers

If you need to choose a new provider during your move, our marketplace makes it convenient to switch providers fast. Enter your ZIP code to find available plans near you. Once you sign up for service, your new supplier will coordinate setup with the utility company. 

Frequently asked questions about Sherman energy

Who has the cheapest electricity rates in Sherman?

The cheapest electricity rates in Sherman are currently offered by Gexa Energy, Frontier Utilities, and Discount Power. However, continuous shifts in Texas energy demand cause rates to change frequently. Use the Choose Energy marketplace to find up-to-date 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. Enter your ZIP code to compare Sherman electricity rates 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.

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