Compare Sherman Electric Prices

In Texas’ deregulated energy market, energy providers and utility companies play different roles. The utility company distributes electricity, maintains the power lines in your area, and responds to outages. You cannot choose your utility company because it is determined based on your location. In the city of Sherman, the utility company is Oncor Electric.

However, you can choose your Sherman electric company from a variety of providers. 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 and handling billing. Companies like 4Change, Gexa, Express, and Frontier all offer energy plans in Sherman at competitive electricity rates. 

You can use the Choose Energy marketplace to help narrow down your options to find the cheapest energy provider in Texas. Enter your ZIP code to compare power rates and providers in your area.

Power outages in Sherman

Power outages can occur in Sherman — especially during winter or hurricane season. If you lose power, contact your utility company — not your electricity provider — to report the problem. In Sherman, your utility company is Oncor Electric. Call 1-888-313-4747 or use the online portal to report an outage in your area.

In traditional energy markets, customers are required to buy electricity from their local utility. However, in deregulated areas such as Sherman, you have the power to choose your provider and shop around for the best energy plan and rates. This increases competition among electricity companies and gives you more options for choosing the best plan for your home or business.

The Choose Energy marketplace has several kinds of plans available in Sherman. You can compare energy plans available in your area and filter results for specific factors, such as the rate type. Here are the common types of plans you can find on our marketplace:

Fixed-rate plans

Fixed-rate electricity plans offer predictable pricing for a set period. You will sign a contract to secure your power rates — usually for 12, 24, or 36 months. Keep in mind, though, that you’ll likely face an early termination fee (ETF) if you cancel your energy plan before the contract ends. 

A fixed-rate plan may be a good option for you if you want to stick with the same plan at a set rate for one to three years, but if you want to shop around for cheaper rates within that duration, you may want to consider other options.

Variable-rate plans

Variable-rate plans are a great short-term option with flexibility for customers who don’t want to commit to a long-term contract. Because the rates on these plans can change from month to month, your rates may go down during times of low energy demand. Unfortunately, if the market price of electricity rises, your rate will also increase. On the plus side, you can change plans at any time with a variable-rate plan without paying an ETF.

Prepaid and no-deposit plans

Many providers run a credit check when you sign up for a plan. Depending on your credit score, they may require a deposit before beginning service. Choosing a no-deposit option, such as a prepaid plan, can solve this issue. These plans allow you to preload your account so you pay for your electricity in advance.

To learn more about prepaid electricity rates in Sherman, enter your ZIP code on our marketplace and use the filtering tool to select this plan type.

Sherman green energy

Texas is a leading producer of renewable energy in the U.S. and is currently ranked first in the country. Energy companies all over the Lone Star State use a percentage of green energy — especially solar energy and wind power — which is noted in each plan’s Electricity Facts Label (EFL). Reading the EFL of a plan can help you understand your electricity plan before you choose which one is best for you. 

Choosing a Sherman green energy plan can help you play your part in protecting the environment. Sherman residents have a handful of 100% green energy plans from 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

Sherman businesses can also shop around for business energy plans on the Choose Energy marketplace. We provide customized electricity plans for both large and small businesses. Visit our business energy resource page to get started.

Sherman electric rates in my area

Electricity prices vary by location in Texas due to utility transmission charges. The Choose Energy marketplace makes it easy to shop around for the best electricity rates in Sherman. Enter your ZIP code to start looking for reliable and affordable energy plans in your area.

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 an energy plan that fits 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.

Sherman is the county seat of Grayson County, located 70 miles north of Dallas, Texas. It’s an affordable place to live, and finding the best electric rates near you is another way to keep the cost of living down.

If you’ve never lived in a deregulated energy market before, choosing your electricity provider in Sherman may seem complicated. The Choose Energy marketplace is designed to help you easily sort through energy plans and provider options. Enter your ZIP code now to get started exploring affordable energy plans in Sherman.

Who has the cheapest electricity rates in Sherman?

The cheapest electricity rates in Sherman are currently offered by 4Change Energy, Express Energy, and Discount Power. Electricity rates vary often depending on the overall market. 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. Check out our resource on switching to a new energy provider for further guidance.

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.