Sherman, Illinois Electricity Rates & Plans

Sherman, Illinois electricity rates - plans that match your needs

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Electricity Providers in Sherman, Illinois

Sherman covers 3.17 square miles and has 4,061 residents. The city is located in Sangamon County, IL.

Sherman citizens have options when it comes to obtaining electricity because the area is within a deregulated energy market, fostering competition among companies who wish to fulfill the community's energy needs. This competition between energy providers in Sherman, Illinois drives these companies to offer their consumers competitive energy plans at the lowest possible rates per kWh. Not everything is good news, however, as there are many untrustworthy electricity suppliers that prey on unsuspecting consumers, luring them with sketchy advertising and confusing advertising tactics.

Make sure you’re keeping away from sketchy energy providers by using the Find Energy marketplace. There are many different suppliers that provide service in the Sherman area, and our team at Find Energy has done the necessary research on all of them; feel free to search for the information you need on our website. Find Energy only works with the most reputable Sherman electricity companies to make certain that you are getting the most attractive energy offerings when you use our marketplace.

Be sure you’re getting the most competitive electricity offerings in your area; enter your zip code. View our most reliable suppliers in Sherman in this list.

Sherman, IL Residential Electricity Rates


Sherman Averages

Usage744 kWh

Illinois Averages

Usage649 kWh

United States Averages

Usage871 kWh

Residential electricity in Sherman can be had at 18.86 cents per kilowatt-hour right now. Comparing this to the state’s average electricity rate of 14.70 cents for every kWh, and the current nationwide average electricity rate of 15.53 cents per kilowatt-hour.

The average monthly energy bill that homeowners pay in the Sherman area is $140.4. Just to compare: residential electricity can be had on a state level at a monthly average of $95.43; while residential electricity can be had on a national level at a monthly average of $135.37.

Your electricity costs may be dramatically different from the averages depending on how much energy you consume. Not everyone knows how different energy usage levels can impact particular energy plans, so this may be puzzling.

To eliminate the lack of clarity for our users, we include a TOS with all plans we highlight on our website. Make sure you read the Terms of Service (TOS) before purchasing a new electricity plan. Terms of Service are packed full of electricity information—such as the prices, contract lengths, and fees of different electricity offerings from various energy companies—that will allow you to make an educated electricity decision.

Find Energy has already compiled TOS highlights on many different energy plans available in your location. Our marketplace highlights readily available information—conditions, terms, prices. etc.—on the most compelling energy offerings and the most prominent energy suppliers in the Sherman area.

Enjoy a better energy plan in less than two minutes—type in your zip code. Home to the most reliable Sherman electricity suppliers, showcases the most compelling residential energy plans in your location.

Our team at Find Energy has narrowed down your options to solely include the most competitive home energy plans available in your area; see the list below.

Sherman, Illinois Residential Electricity Plans


Sherman, IL Commercial Electricity Rates


Sherman Averages

Usage20,342 kWh

Illinois Averages

Usage3,090 kWh

United States Averages

Usage5,619 kWh

You’ll be paying an average of 13.17 cents per kWh for your commercial electricity if you’re doing business in the Sherman area. For comparison: the average cost of business electricity in the state of Illinois is currently at 12.06 cents per kWh; while the average cost of business electricity nationwide is at 11.97 cents for every kWh.

On average, entrepreneurs in Sherman, Illinois spend $2,678.92 on their energy bill each month. For comparison: the average monthly business electricity bill in Illinois is $372.51, and the average monthly business electricity bill countrywide is $672.32.

Businesses of all sizes must plan for electricity expenditures. On average, a company consumes around 12 times more electricity than a residential location. A majority of companies spend immense amount of time looking for strategies to increase profits while one solution might be right in front of you. Savings of a percentage or two a month can compound quickly when trying to reduce a company's monthly overhead.

If you're spending $3,000 each month or more on electricity, Find Energy can help you acquire customized energy prices from the most reliable electricity companies in the Sherman area.

Purchase your new electricity plan through our website and potentially decrease your monthly bill by 15% to 25%.

Our online marketplace offers the best business energy plans available in your area. Quickly buy a new commercial electricity plan with the Find Energy marketplace—type in your zip code to get started on your energy savings.

Below, you can find some of the best commercial energy plans available in Sherman, Illinois.

Sherman, Illinois Commercial Electricity Plans


There are no Commercial plans available.

Keep in mind the following facts if you're still undecided about looking into a new business electricity plan:

  • Fixed-rate plans can lock in savings for years to come - Fixed rate plans allow consumers secure rates for significant amounts of time. They also enable your company to predict overheads without the worry of possible massive price increases that are common with variable rate plans.
  • The switching process is seamless with no service interruptions - Your company will not experience any electricity service outages at any time during the changeover. In fact, the only change you will notice is the much lower charge on your new bill!
  • Changing your company only takes a couple of minutes of your time - Just submit your information and we'll do the everything else! We'll provide you with the most attractive plans for your company and help you through the decision-making process.
  • Our staff will handle the transition - For companies who are not under contract with a supplier, there is no need to sit on hold. Find Energy can easily take charge and handle the switching process on your behalf. Even if you are under contract, or are not sure if you are, it is very likely we can save you money.
  • Zero commitment to sign with a new plan - If you are displeased with the plans you receive after entering your information, or if you change your mind for some other reason, know that there is no responsibility on your part to proceed with the switching process. Simply let us know that you have had a change of mind, and you will continue on with your existing service.

If you're ready for your business to start cutting back on electricity expenses asap, then type in your zip code on this page and answer these few simple questions. Find Energy will start sending you the best plans almost immediately!

Sherman, IL Utility Company

As the primary utility provider in Sherman, Illinois, the transmission of electricity is carried by Versant Power. If you're in the Sherman area and are experiencing issues with your electricity, you should connect with Versant Power.

You can contact Versant Power at (207) 973-2000. You can also reach out through the official website here.

Sherman, Illinois Electricity Rates Over Time


Historical Electricity Rates:

Price Per kWhAverage Bill$0.203/kWh$0.079/kWh$220.04/mo.$65.81/mo.


Historical Electricity Rates:

Price Per kWhAverage Bill$0.203/kWh$0.079/kWh$220.04/mo.$65.81/mo.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code

Shop Electricity Providers by Zip Code in Sherman, IL

  • 62702
  • 62707
  • 62684

Sherman, Illinois Electricity FAQs


What is the most affordable electricity supplier in Sherman?

Constellation Energy, right now, offers the most affordable residential power plan in your neighborhood, selling at a rate of 7.99 cents per kWh.

How do I choose an electricity provider in Sherman?

It is simple! Type in your zip code on this page, and our staff at Find Energy will filter out the best electricity plans currently available in your location for you to choose from.

What electric company does Sherman, Illinois use?

Versant Power is Sherman's primary electric utility company. There are, however, many providers that sell electricity supply in Sherman, including the suppliers in the list below:

Who offers the lowest electricity deals in Sherman?

Below you can find the best priced electricity plans currently sold in Sherman:

ProviderRate (¢/kWh)
Constellation Energy7.99
Just Energy9.89

How many providers are in Sherman?

Sherman has 2 electricity providers carrying electricity within the city limits.

How do I find a renewable electricity plan in Sherman?

Just type in your zip code on this page, and you can shop for all available plans and see what percentage of each plan comes from green electricity.

What is an affordable electricity rate in Sherman?

The lowest electricity plan available in Sherman is 7.99 cents per kWh, presently supplied by Constellation Energy.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-05-16