Sherman, TX skyline
Sherman, Texas · Oncor territory

Electricity plans in Sherman

Compare 123+ plans by true cost from providers serving Sherman. Find the right rate for your home.

Live Texas rates, updated June 2026

Average rate
14.9¢
per kWh
Plans
123+
on your meter
Population
43K
Grayson County
Utility
Oncor
Oncor

Sherman fast facts

County
Grayson County
Population
43K
TDU
Oncor
Sample ZIP
75090
Oncor outage / switch-hold line
1-888-313-4747

About Sherman

What you're shopping for power in.

Sherman is the Grayson County seat in far north Texas, anchor of the Texoma metro alongside Denison. Hilltop university (Austin College), major semiconductor fab buildout (Texas Instruments Sherman).

Climate & bill pattern

DFW continental climate, marginally colder winters than central DFW.

Older housing stock dominates downtown; newer subdivisions on the southwest side. Watch for hot summer evening bills.

Major employers

  • ·Texas Instruments Sherman (under construction)
  • ·Wilson Tool
  • ·Austin College
  • ·Sherman ISD
  • ·Texoma Medical Center

Known neighborhoods

  • ·West Heritage
  • ·Old Mill
  • ·Crestview

Best in Sherman

Best plans in Sherman

Ranked by real monthly bill at 1,000 kWh.

Just Energy
Best rate
Just Energy

Smart Choice - 12

Best for Sherman residents
Rate
7.7 ¢/kWh
Term
12 Months fixed
Monthly
$77 at 1,000 kWh
Score
79 /100
APGE
APGE

SimpleSaver 13

Rate
7.8 ¢/kWh
Term
13 Months fixed
Monthly
$78 at 1,000 kWh
Score
81 /100
4Change Energy
4Change Energy

Maxx Saver Value 8

Rate
8.1 ¢/kWh
Term
8 Months fixed
Monthly
$81 at 1,000 kWh
Score
79 /100
APGE
APGE

SimpleSaver 12

Rate
8.1 ¢/kWh
Term
12 Months fixed
Monthly
$81 at 1,000 kWh
Score
81 /100
APGE
APGE

SimpleSaver 8

Rate
8.2 ¢/kWh
Term
8 Months fixed
Monthly
$82 at 1,000 kWh
Score
81 /100
Energy Texas
Energy Texas

The Lone Saver Plus 12

Rate
8.2 ¢/kWh
Term
12 Months fixed
Monthly
$82 at 1,000 kWh
Score
98 /100

Local guide

About electricity in Sherman

Sherman is served by Oncor as the local TDU. With a population of 43K, it's one of the deregulated markets in Texas — residents can shop 123+ competitive plans from 8+ retail electric providers serving the Oncor grid.

The average all-in rate in Sherman is currently 14.9¢/kWh at 1,000 kWh usage. Actual rates vary by plan type, contract length, and how much your home uses. Fixed-rate plans typically offer the best value for households that don't want to think about rate swings.

Switching is 1-3 business days with no service interruption — same meter, same wires, new bill from a new company.

FAQ

Common questions

What is the average electricity rate in Sherman?

+

Approximately 14.9¢/kWh at 1,000 kWh. Plans on the Oncor grid span a wide range depending on type and term — the lowest competitive rates available statewide start around 7.7¢/kWh.

Who is the TDU for Sherman?

+

Oncor maintains the power lines and infrastructure. TDU charges are the same regardless of your retail provider — set by the Public Utility Commission.

Can I switch providers in Sherman?

+

Yes. Choose from 123+ plans available on the Oncor grid. Switching takes 1–3 business days with no service interruption — same meter, same wires, new bill from a new company.

How are the rankings calculated?

+

We sort by the real monthly bill at your home's usage — not the advertised rate at 2,000 kWh. We flag bill-credit plans and minimum usage fees so you see the true cost.

Ready to save on electricity?

Compare 123+ plans in Sherman or let our guided quiz find the right plan for your home.