Your insider’s guide to finding the best electricity rates and energy plans in Sherman, Texas
This comprehensive guide to finding cheap electricity rates in Sherman, Texas, is helpful to homeowners, entrepreneurs, and anyone interested in saving money.
Time to read: about 7 min
Sections in this guide:
Click on a section to jump directly to it:
- Sherman Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Sherman (average kWh price chart)
- How to find the best energy plan in Sherman (know your usage!)
- Moving to Sherman: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Sherman (how to choose the best plan)
- Sherman Energy Companies
- No-Deposit Electricity Plans in Sherman
- Sherman Business Electricity Plans
- Sherman Utilities (and how to report a power outage)
Sherman Electricity Rates Table
The rates table below shows quotes from electricity providers serving Sherman.
You have the power to choose your home’s electric provider with the help of ComparePower.
ComparePower is a no-cost consumer service established in 2009 to assist residents of Sherman as they look for affordable energy plans.
The quoted rates shown on the site’s standardized pages are the same rates communicated through provider websites or call centers.
This standard approach to quotes allows simple comparisons between dozens of electricity providers.
77 Sherman Electric Rates
These live rates for Oncor Electric Delivery service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Sherman
Sherman residents benefit from a decision made by the Texas State Legislature in 2002. Legislators decided to deregulate the market for electricity in most Texas communities. This change opened the market to competition from up to 100 energy providers.
How does this impact your search for affordable electricity? These providers use low rates and good customer service to attract new customers. You can leverage this competition by shopping every year for a new provider.
ComparePower allows you to search through hundreds of electricity plans available in Sherman. Once you are ready to sign up, you can complete the entire process without leaving the site.
Average Electricity Rates in Sherman, Texas
This chart is compiled using data from the U.S. Energy Information Administration (EIA.GOV).
The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh).
There are fixed-rate plans for Sherman residents on ComparePower with rates as low as $0.07.
How to find the best energy plan in Sherman
#1 rule: Know Your Usage!
As you search for a new electricity provider, it’s important that you know your monthly usage rate. Why? Because providers use a standardized rate for all of their quotes.
You might fall into the group of consumers who actually use this rate per month. More than likely, you use more or less than the quoted rate.
This means that the quoted price is unlikely to represent what will appear on your actual bill.
ComparePower levels the playing field by customizing quotes based on your actual usage. The rates presented by ComparePower are updated based on provider information and show you how much you can expect to spend each month.
If you can’t find previous bills or meter readings, take your best guess at monthly usage. This isn’t a perfect solution, but you’ll avoid picking a provider who charges you more than you’d like to spend.
Use ComparePower to find the best energy plan for your specific usage.
Moving to Sherman: Setting up Electricity
Important: If this is your first time setting up electricity service in Sherman, you’ll need to get the previous 12 months of energy usage for your new home to get the best rate.
An easy way to find previous usage in a new property is to ask the landlord or previous owner. This information might require some research but will help you save in the long run.
ComparePower will do the math instantly to help you find the right plan for your home’s usage needs.
Note: If you can’t obtain usage history, you can estimate your monthly usage instead. Utilize the “Help Me Choose” tool when you enter your zip code below and ComparePower will help you evaluate your home’s usage.
Switching electricity companies in Sherman
Each year presents an opportunity to shop around for inexpensive electricity rates. The end of your electricity contract also means a chance for your provider to raise your rate. Shopping around for a new provider is a good idea if you want to save money each year.
Switching is easy because:
- You don’t have to call your current provider to cancel.
- No one comes to your house.
- There is no disruption in your electricity.
- It takes just minutes.
When you make the switch, your new electricity company will handle everything for you including ending service with your previous provider.
There is no loss of power when you switch because electricity in Sherman is delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver electricity to your home do not change when you switch electricity providers.
A few considerations can help you decide whether to make the switch:
- Texas state law allows cancellation within 14 days of contract ending without penalty.
- Most plans allow establishment of future starting dates 60 days prior to the date.
- A cheaper plan might make early termination penalties worthwhile.
Sherman Energy Companies
Looking for a great electric company in Sherman?
You can sign up for service with some great companies such as TXU Energy, Reliant, Direct Energy and more.
Click on the company of your choice to view rates, learn more, or sign up.
| Energy Companies in Sherman | Phone Number |
|---|---|
| 4Change Energy | 855-550-6663 |
| Champion Energy | 877-653-5090 |
| Direct Energy | 855-307-6915 |
| First Choice Power | 888-458-6877 |
| Green Mountain | 844-854-2257 |
| Discount Power | 855-236-1309 |
| Reliant | 855-887-2194 |
| Frontier Utilities | 866-763-5084 |
| Cirro Energy | 844-417-7179 |
| Constellation | 855-798-2889 |
| Gexa Energy | 855-639-8210 |
| TXU Energy | 866-603-1533 |
| Payless Power | 855-854-8482 |
| Pulse Power | 855-652-1045 |
No-Deposit Electricity Plans in Sherman
A no-deposit electricity plan in Sherman allows you to switch providers at no upfront cost. Some providers, however, require deposits for new customers.
You shouldn’t have to worry about deposits for electricity plans. ComparePower shows you deposit requirements for all plans in your area.
This simple step shows you time and energy pouring over electricity plan details. Once you find the right no-deposit plan for you, it’s possible to complete the signup process in minutes on ComparePower.
Deposit Waivers
You may be eligible to have the deposit waived if you meet one of the following criteria.
A residential customer or applicant may be deemed as having established satisfactory credit if:
- The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric service; is not delinquent in payment of any such electric service account, and during the last 12 consecutive months of service was not late in paying a bill more than once.
- The customer or applicant possesses a satisfactory credit rating obtained through a consumer reporting agency, as defined by the Federal Trade Commission.
- The customer or applicant is 65 years of age or older and the customer is not currently delinquent in payment of any electric service account.
- The customer or applicant has been determined to be a victim of family violence.
- The customer is medically indigent.
The requirements above are directly from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Note: For any of the situations above, you must first complete your order an energy plan on ComparePower before you can obtain a waiver for your deposit.
After you’ve placed your order, you will receive an email with instructions as well as contact information for your new energy company.
Important: You must send your waiver information by email, phone, fax or mail to your new energy company (not to ComparePower).
As soon as your energy company receives your documentation, they will let you know that they’ve sent a request for your energy service to begin.
Remember, your energy company will not start your electric service until you satisfy any deposit requirement (you pay or receive a waiver).
If you have any questions on deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Sherman Business Electricity Plans
Sherman offers a great business climate for companies big and small. The city hosts outposts for companies like Tyson Foods, Texas Instruments, Verizon, and Progress Rail Service.
Whether you are just starting a business or have run a business for years, you need to tame your monthly expenses. Costs like electricity, insurance, and wages can prevent your business from staying competitive.
ComparePower allows business owners like you to find affordable electricity rates without wasting time on research. The site gathers sealed bids from commercial energy providers in Sherman. Once you enter your zip code, you’ll get a range of bids. You can find the bid that suits your needs, complete registration, and move on with your day.
Click here to get competing quotes for your business electricity.
Sherman Utilities
Electricity
To learn more about Smart Meters, or to download you Electricity Usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Sherman, call or visit the Oncor Utility company: 1-800-242-9113
Gas
For gas service in Sherman, call or visit ATMOS Energy at 1-888-286-6700.
Garbage/Recycling Pickup
In Sherman, garbage, sewer, and recycling services are included with your water utilities bill from the City of Sherman.
Water
The City of Sherman’s Customer & Utilities Department is a public utility owned by the City of Sherman, TX.
Customer Care: 903-892-7237
Hours of operation: Monday – Friday 7:45 a.m. – 5:00 p.m.
24 Hour Emergency Service 903-892-7258: call if you suspect a water main break, water leak, sewer overflow, or water contamination.
Other utility service areas in Texas
Not in the Oncor Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
View electricity prices for Zip Codes in Sherman, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
View electricity prices for cities near Sherman, Texas
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
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