Sherman Electricity Rates

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Last updated: November 12, 2026

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Sherman Electricity Plans From Gexa Energy

Gexa electricity prices start at just 8.9¢ per kWh at 1000 kWh in Sherman. Actual prices vary by ZIP code, plan type, and usage level. Read the Electricity Facts Label (EFL) for full price details.

Lock in a low price
Gexa 24

Get the same low price - all day, every day, all year round

16.0¢
per kWh at 1000 kWh
Term: 24mos. | Fixed

Lock in a low rate:

  • Term: 24 months
  • Plan Type: Fixed
    Budget stability with a locked-in price
  • Ideal for: Budgeters looking for a simple plan
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Free Weekends
Free 3 Day Weekends 12

What will you do with 72 hours of free energy?

17.4¢
per kWh at 1000 kWh
Term: 12mos. | Fixed

Big savings every weekend:

  • Ideal for: Cooking, cleaning and chilling all weekend long!
  • Term: 12 months
  • Get Free Electricity all day and all night Friday thru Sunday
  • 60 Day Happiness Guarantee
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No long-term commitment
Gexa Flex Plan

A great option for customers looking for flexibility

19.9¢
per kWh at 1000 kWh
Term: Month-to-month | Variable

Flexibility, your way:

  • Term: Month-to-month
    Flexible plan puts you in control
  • Plan Type: Variable
    Convenient plan with no cancellation fees
  • Ideal for: Renting short term
Select Plan

*Pricing for Oncor Electric Delivery, updated on November 12, 2026 at 10:16 AM CT. Your price may vary. Pricing and plan offerings are subject to change. Monthly bill estimates are based on 1000 kWh usage. Actual bills may vary based on usage patterns and additional fees. See plan Electricity Facts Labels (EFLs) for details.

Why Choose Gexa Energy in Sherman

New to Sherman or just shopping for a better electricity plan? Gexa Energy has options built around how your household actually uses power. As an original Texas retail electricity provider (REP), we've served more than 1.8 million Texas households since 20011 with clear, easy-to-understand plans, competitive pricing, and a variety of options designed to fit different lifestyles. Managing your electricity service is simple with Gexa MyAccount. You can monitor your electricity usage, enroll in AutoPay, choose paperless billing, and manage your account online. If you need assistance, our customer support team is ready to help. Eligible new residential customers can also take advantage of our happiness guarantee program2 if they'd like to switch to another qualifying Gexa Energy plan during the first 60 days of service activation.

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  • Clear, easy-to-understand plans
  • Competitive pricing
  • A variety of options designed to fit your energy needs
  • Helpful tools, usage insights and features like Auto Pay and paperless billing that make managing your energy simple
  • A dedicated customer support team here to help, so you can feel confident in your electricity plan choice
  • A Happiness Guarantee program2 that allows new customers to switch to another eligible Gexa Energy plan within the first 60 days of their contract if the plan they enrolled in isn't the right fit

Electricity Market in Sherman

From established neighborhoods near downtown Sherman to growing communities like Heritage Ranch and Bel Air Village, electricity usage can vary significantly from one household to the next. The average Sherman home uses approximately 1,169 kWh of electricity per month, though your own usage may be higher or lower depending on your home's size, the number of occupants, and your day-to-day energy habits. That's why Gexa offers a variety of electricity plans designed to fit different usage patterns and household needs.

Sherman Apartments

500 kWh/month

400 to 950 Sq. Ft.

Gexa Basic Plus 12 – 12.9¢

$64.70/mo

estimated Sherman monthly bill

  • 12.9¢/kWh at this usage
  • 12-month fixed rate
  • Best for smaller spaces and light usage

Average Sherman Home

1,000 kWh/month

1,000 to 2,000 Sq. Ft.

Gexa Simply Low 12 – 8.9¢

$89.43/mo

estimated Sherman monthly bill

  • 8.9¢/kWh at this usage
  • 12-month fixed rate
  • Best for mid-size homes and steady usage

Large Sherman Homes

2,000 kWh/month

2,100 to 2,800 Sq. Ft.

Gexa Premium Plus 12 – 12.4¢

$248.41/mo

estimated Sherman monthly bill

  • 12.4¢/kWh at this usage
  • 12-month fixed rate
  • Best for larger homes and high usage

*Estimated bills and home-size ranges are for illustration only. Your actual usage and monthly bill will depend on your home's size, energy efficiency, and how your household uses electricity. See each plan's Electricity Facts Label (EFL) for complete pricing details.

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Compare Electricity Rates in Sherman, TX

Sherman homeowners have access to a variety of electricity providers and plans. See below how Gexa compares to other electricity providers.

Electricity plan comparison for Sherman, Texas at 1,000 kWh usage
ProviderPlan NameRate (per kWh)Contract LengthEst. Monthly Bill*
Gexa EnergyFeaturedGexa Simply Low 128.9¢12-month fixed rate$89.43
Constellation12 Month (No Min Usage Fee)14.2¢12 months$142.00
Direct EnergyLive Brighter 12 Auto Pay17.5¢12 months$175.00
TXU EnergySimple Rate 1216.6¢12 months$166.00

Gexa Energy

Featured

Gexa Simply Low 12

Rate
8.9¢
Term
12-month fixed rate
Est. Bill*
$89.43
Select Plan

Constellation

12 Month (No Min Usage Fee)

Rate
14.2¢
Term
12 months
Est. Bill*
$142.00

Direct Energy

Live Brighter 12 Auto Pay

Rate
17.5¢
Term
12 months
Est. Bill*
$175.00

TXU Energy

Simple Rate 12

Rate
16.6¢
Term
12 months
Est. Bill*
$166.00

*Competitor rates are each provider's own published average price per kWh at 1,000 kWh of monthly usage for this service area, including TDU delivery charges, as listed on the provider's website on November 12, 2026 at 10:16 AM CT. Rates vary by utility service area and change frequently. Estimated monthly bills assume 1,000 kWh of usage. Always review each plan's Electricity Facts Label (EFL) for complete and current pricing, fees and terms.

Electricity Plans in Sherman, TX

Gexa Energy offers electricity plans in Sherman that accommodate different energy habits, home sizes, and budgeting preferences.

Fixed-Rate Electricity Plans3

A fixed-rate plan keeps your energy charge more consistent throughout your contract term, helping provide greater predictability in your monthly energy charges. This option is a popular choice for households that want pricing stability throughout the length of their agreement.

Usage or Bill Credit Electricity Plans

Usage credit plans apply a bill credit when your monthly electricity usage reaches or exceeds a qualifying threshold, such as 1,000 kWh (varies by plan). This type of pricing structure can be especially beneficial for larger Sherman homes with relatively consistent usage that regularly reaches the qualifying level. If your usage does not meet the required threshold, the credit will not apply.

Free Electricity Plans4

Gexa Energy’s Free Weekends plan includes $0 energy and delivery charges during specified weekend hours. Households that shift more of their electricity use into those promotional hours may benefit. Keep in mind that energy charges outside the promotional period are generally higher, and additional billed charges may still apply. Review the Electricity Facts Label (EFL) for complete pricing details.

Smart Thermostat and Incentive Plans5

Certain Gexa Energy plans include smart thermostats and energy optimization features that provide additional insight into your home's electricity usage. With the Gexa Energy mobile app and Gexa MyAccount, you can adjust thermostat settings, review usage trends, and manage your account in one convenient place.

Solar Buyback Plans6

If your Sherman home has rooftop solar panels, you may want to consider a solar buyback plan. These plans offer bill credits for the eligible excess energy your home system sends to the main power grid. This can help you receive more value from your solar system while helping offset some energy charges.

EV Charging Plans7

Electric vehicle (EV) charging plans from Gexa Energy are designed for households that primarily charge an electric vehicle at home overnight. These plans include an energy charge credit for eligible paired nighttime EV charging at the home service address during specified hours. Keep in mind that TDU delivery charges and other applicable fees may still apply during designated charging periods.

Variable-Price Plans

A variable-price plan has an energy charge that can change month to month based on current energy market conditions. This option may appeal to Sherman customers who prefer flexibility without a long-term commitment, monthly energy charges may fluctuate over time.

Flat Rate Plans

Flat rate plans include a set amount of electricity within a monthly usage allowance for a consistent energy charge. If your household uses more than the included amount, additional energy charges apply to the extra kWh. These plans may be a practical option for homes with steady, predictable electricity usage that regularly stays within the plan's included usage level.

What Affects Your Electricity Bills in Sherman?

The biggest factors that affect Sherman electricity bills include:

  • Electricity usage

    Seasonal cooling and heating needs, home size, insulation, and appliance efficiency all affect how much electricity your household consumes.

  • Household activities

    The number of occupants, laundry frequency, workshops, electric vehicle charging, home offices, and additional appliances can all contribute to higher electricity usage.

  • Seasonal Changes

    Electricity usage often rises during the summer as air conditioning demand increases. Homes that rely on electric heating may also see higher costs during colder winter months.

  • Plan structure

    Features such as fixed-rate pricing, variable-price pricing, usage credits, and Free Electricity periods all influence how your energy charges are calculated.

  • TDU delivery charges

    Regulated TDU delivery charges are included regardless of which REP you choose.

  • Current Oncor Electric Delivery Delivery Charges

    • Per kWh: 6.8673¢ per kWh delivered
    • Base fee: $4.06 per month (TDU meter charge)

Average Sherman Electric Bills

Estimated electricity bills in Sherman can vary based on seasonal energy use and the current price of your selected plan. Using Gexa's average available price of 16.6¢/kWh, the estimated average monthly electricity bill in Sherman is $165.59. For a typical home, the average monthly bill is approximately $192, while apartment residents typically pay around $117 per month. This equals estimated annual electricity costs of $2,300 for a home and $1,409 for an apartment.

Estimated monthly bill across the year

HomeApartment

A typical Sherman home's bill ranges from about $133 in Feb to $306 in Jul. For an apartment, bills range from $90 in Nov to $164 in Jan.

*The chart uses live plan pricing and seasonal usage data to provide a more accurate estimate than a static annual average. Estimates are modeled using Gexa's average available rate at 1,000 kWh and typical seasonal usage patterns. Actual bills will vary based on electricity usage, plan selection, and applicable TDU delivery charges.

How to Choose the Right Electricity Plan in Sherman

Choosing an electricity plan that meets your household’s needs doesn’t have to be as complicated as it seems. Looking beyond the advertised rate and considering how each plan works can help you find an option that's a better long-term fit.

Start With Your Home and Usage

Consider how your home uses electricity throughout the year. Factors like home size, occupancy, electric vehicle charging, and seasonal heating and cooling needs can influence which plan is the best fit. Reviewing your average monthly usage before shopping can help you compare options more effectively.

    Compare Plan Features, Not Just Price

    The advertised rate is only one factor when choosing an electricity plan. Contract terms, pricing structures, bill credits, and promotional offers can all affect your monthly costs. Review the plan's EFL before enrolling for details on pricing, fees, usage requirements, and other key terms.

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      Who Supplies and Delivers Electricity?

      Retail Electricity Provider (REP)

      REPs like Gexa Energy supply your electricity, manage your account and billing, and provide customer support.

      Your Local Utility

      The TDU, Oncor Electric Delivery, is responsible for delivering electricity throughout Sherman, maintaining the local electric grid, and restoring power during outages. Sherman residents can choose their REP, but TDUs are assigned by location and cannot be changed.

      Report an Outage

      Is your electricity out in Sherman? Report it to Oncor, which restores service for all retail providers.

      Oncor Electric Delivery Outage Line888-313-4747

      Report the outage at oncor.com

      FAQs About Electricity in Sherman

      Can I choose my electricity provider in Sherman?

      Yes, you can choose your electricity provider in Sherman. This is because the city participates in Texas’ deregulated energy market.

      How do I report a power outage in Sherman?

      You can report a power outage in Sherman by contacting Oncor Electric Delivery, the local TDU. Call them at 888-313-4747, text ‘OUT’ to 66267, or visit their online outage tracker.

      What affects Sherman electricity rates?

      Sherman electricity rates are affected by ZIP code, plan type, rate structure, REP, and usage level. Your overall monthly bill can also be impacted by TDU delivery fees, home size and type, and any applicable taxes.

      Who delivers electricity to my home in Sherman?

      Oncor Electric Delivery delivers electricity to your home in Sherman. Oncor is the city’s TDU and is responsible for maintaining the local electric infrastructure.

      Ready For Your New Electricity Plan in Sherman?

      Enter your ZIP code to see today’s rates and enroll online in minutes.

      Disclaimers & Plan Details
      1. Cumulative number of unique households served by Gexa Energy 2001-2026.
      2. If you're not happy with your new Gexa Energy residential plan, just contact us within 60 days of your service activation date. You have the freedom to choose any eligible plan we offer, without incurring penalties. It's that easy. Applies one time only for new Gexa Energy residential customers. Your contract term will restart with your second plan. Offer subject to change or withdrawal prior to customer acceptance.
      3. The Energy Charge charged by Gexa Energy on fixed price plans is fixed and will not change during the initial term of your plan. The Energy Charge associated with variable price and month-to-month products may be higher or lower each month. For fixed and variable plans, the total price of your electricity may be adjusted to reflect changes in TDU charges, third-party fees, or changes in law or regulation that result in the imposition of new or modified fees or costs on Gexa Energy. See Electricity Facts Label and Terms of Service.
      4. The Gexa Free 3-Day Weekends plan offers free electricity usage from 12:00 AM Friday to 12:00 AM Monday. Monthly and other billed charges apply normally. The price can change only to reflect actual price changes that are allowed by the Public Utility Commission due to changes in law or regulatory charges. See Electricity Facts Label for details. Eligibility requirements, terms and conditions apply.
      5. Gexa Energy Saver plans include a free Sensi® Touch Wi-Fi smart thermostat with professional installation at no additional cost and the potential to save up to 23% on home heating and cooling costs. Energy savings are calculated by comparing operation time for a nationwide sample of Sensi users with temperature adjustments averaging 4° in comparison to users with no adjustments. Savings vary based on equipment type/condition, insulation, climate & temperature adjustment size/frequency. Sensi® is a trademark of Emerson Electric Co.
      6. To be eligible to receive Excess Energy Credits, you must have a qualifying solar energy installation, TDU Interconnection Agreement, and bidirectional meter provisioned by your TDU. Monthly bill credits are paid at the Excess Energy Credit rate specified in the Electricity Facts Label (EFL), are non-transferable and cannot be redeemed or exchanged for cash. Please review the EFL and Product-Specific Terms section of Terms of Service for details.
      7. Reduced energy charges apply Monday through Sunday from 11:00 PM to 5:00 AM. Gexa SavEV electricity plan’s 100% nighttime EV charging discount is currently available for compatible Audi, BMW, Cadillac, Chevrolet, Hyundai, Jaguar, Kia, Lexus, Nissan, Porsche, Rivian, Tesla, Toyota, and Volkswagen electric vehicles when paired to the Gexa365 platform. This list is subject to change. No affiliation with or endorsement of Gexa by electric vehicle manufacturers is implied. Gexa has no responsibility or liability for third-party services or equipment and reserves the right to modify or cancel EV charging discounts at any time. Energy charges are discounted 100% during paired nighttime EV charging hours at your home service address. TDU delivery charges apply normally to all hours and usage. Not redeemable for cash. See Electricity Facts Label, terms of service, and FAQs for additional details.