Sherwood electricity rates and energy plans
If you’re a long-time resident, a new mover, a business owner, or need no-deposit electricity, this insider’s guide will help you find your best energy plan in Sherwood, Texas.
Time to read: about 7 min
Sections in this guide:
Click on a section below to navigate directly to it:
- Sherwood Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Sherwood (average kWh price chart)
- How to find the best energy plan in Sherwood (know your usage!)
- Moving to Sherwood: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Sherwood (how to choose the best plan)
- Sherwood Energy Companies
- No-Deposit Electricity Plans in Sherwood
- Sherwood Business Electricity Plans
- Sherwood Utilities (and how to report a power outage)
Sherwood Electricity Rates Table
As a resident or business owner within Sherwood, you have the power to choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service started in 2009 to assist residents of Sherwood shopping for their lowest rate energy plan.
These official rates are the identical rates you’ll find calling the electricity companies or visiting them online.
Competing offer from a number of different electricity providers are outlined in a standardized grid that makes comparing your options simple and fast.
This assures Texas energy customers avoid hidden fees and marketing gimmicks by comparing plans “apples-to-apples” without spending hours and hours making phone calls or sorting through dozens of different websites.
69 Sherwood Electric Rates
These live rates for AEP North service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Sherwood
Energy in Sherwood, Texas, is deregulated. As an energy customer, you have a choice when it comes to selecting a retail electricity provider (your energy provider), which gives you control and power over your energy bill.
Deregulation of energy in Texas de-monopolized the electricity market for the majority of Texas, the city of Sherwood included, which introduced lots of competition.
As a result, many fantastic power companies compete for your business in Sherwood by offering low-rates, making it a great time to shop, switch, and save money on your energy statement.
As many as 65+ providers compete for your account in Sherwood and there are hundreds of plans to choose from.
Average Electricity Rates in Sherwood, 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 Sherwood residents on ComparePower with rates as low as $0.07
How to find the best energy plan in Sherwood
#1 rule: Determine what your usage is!
Knowing the amount of energy you will consume month-to-month is the best way to find a deal on energy in Sherwood. Why is this important?
The “price per kWh” you see electricity companies advertising is for an exact monthly usage (usually 1000 kWh).
Every plan has a different calculation for how your monthly bill is computed, and your monthly bill will vary depending on how much power you consume in a month.
Unless you use exactly the advertised amount each month, you will end up paying an effective “price per kWh” different than the one you saw advertised when you signed up.
Thankfully, there’s a better way to pick your electricity plan.
Calculating your expected monthly bill based on estimated monthly usage, then comparing options by total monthly cost, is the best way to shop for the lowest rate for you.
Better yet, if you have 12 months of usage history for your household, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between summer and winter months and is the ideal way to find the perfect electricity rate plan for your home.
ComparePower does all the complicated math for you in an instant. What could take you hours on a spreadsheet is now solved in just moments.
We put the power in your hands, taking what would amount to hours of research, spreadsheets, and computations across hundreds of offers and guide you step-by-step to the energy rate plan that’s best for your home’s usage.
We clarify the details, disclosing the various charges and fees, so you’ll know exactly where your money is going and what to anticipate on your bill.
We then assist you in enrolling with your selected energy provider without leaving our service.
The take away here is you should understand your expected or historical usage before picking the best electricity plan for your home.
If you don’t know your usage, estimate
If you recently purchased a home or business, or you cannot obtain 12-months of usage history, you can always estimate the average amount of energy that you will use in any given month.
Although knowing the previous 12-months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use ComparePower to find the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Sherwood: Setting up Electricity
If this is your first time setting up electricity service in Sherwood, to get the best rate you need to get the previous 12-months of energy usage for your new home.
Ask the previous home-owner to provide you with their past 12-months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12-months, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you can’t obtain usage history, you can estimate your monthly usage instead. Utilize our “Help Me Choose” tool when you enter your zip code below and we’ll help you evaluate your home’s usage.
By signing up for a plan through ComparePower you will receive automated reminders when it’s time to renew your existing plan or to possibly switch plans.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching electricity companies in Sherwood
Switching is good. Market conditions are always in flux, so it is important to shop for a lower rate each year when your contract is about to expire.
Your existing energy company will typically raise your electricity rate once your contract expires. If you do not take action, you’ll be left on a month-to-month rate that is significantly more than the plan you signed up.
Before renewing your contract make sure to check the rates of competing energy companies.
Switching can save you hundreds or thousands of dollars each year on your electricity bill.
Switching is easy:
- You don’t have to call your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you decide to switch, your new electricity company will take care of everything for you including terminating service with your previous provider.
Your lights stay on when you switch. Electricity in Sherwood is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch electricity companies. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration date without an “early termination” penalty. Texas law protects you here.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching providers may outweigh the fee to break your existing contract.
If you are unsure email us your latest energy bill and one of our team members will get back to you promptly with your best options.
If you’re ready to switch and would like to know how to find the best plan remember that understanding your usage is the best way to find the truly best rate.
Keep in mind that when you get ready to switch, and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Sherwood Energy Companies
Looking for a great electric company in Sherwood?
You can enroll for service with great companies such as TXU Energy, Reliant, Direct Energy and more.
To sign up, learn more, or view current rates, click on the company of your choosing.
|Energy Companies in Sherwood||Phone Number|
|First Choice Power||888-458-6877|
No-Deposit Electricity Plans in Sherwood
If you need to find an energy plan in Sherwood that requires no deposit, we can help.
If charged a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more clicking around and calling electricity companies to find out if a deposit is going to be required.
Working for you, we will instantly review any deposit obligations for other plans, allowing you to get power and return to your every-day activities stress-free.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
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.
Sherwood Business Power Plans
If you own a business in Sherwood, you’re in great company.
Sherwood is home to a significant number of small and large companies and is a thriving town to run a business.
To manage your energy bill, you need to compare prices from competing energy companies.
ComparePower bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information on ComparePower and the providers will present their bids. You to choose the best rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
To learn more about Smart Meters, or to download your Electricity Usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Sherwood, visit the AEP North website or call them at 1-877-373-4858.
For gas service in Sherwood, call or visit Sherwood official city website to determine who your provider is.
In Sherwood, water, garbage, sewer, and recycling services are usually handled by the City of Sherwood.
Other Utility service areas in Texas
Not in the AEP North 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.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for Zip Codes in Sherwood, 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 Sherwood, Texas
Are you searching for a lower electricity rate in a different city? If so, you can find the location below, and then click to sign up for a more affordable electricity plan.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.
- Houston, TX
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Missouri City, TX
- Laredo, TX
- Loraine, TX
- Harlingen, TX
- Richmond, TX
- Edinburg, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Friendswood, TX
- Humble, TX
- Dickinson, TX
- Grand Prairie, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Eden, TX
- Austin, TX
- Belton, TX
- Carrollton, TX
- Baytown, TX
- San Benito, TX
- Mansfield, TX
Don’t see your city or zip code? Enter your zip code below to search for your new low rate:
Don’t see your city or zip code? Enter your zip code below to search for your new low rate: