Texas Electric Company, HINO Electric Power Company in McAllen, Harlingen, Brownsville, South Texas, Rio Grande Valley

HINO Electric Power Company, Your Texas Electricity Provider.

We'll beat any offer! Guaranteed!

Hino Electric Power Company is a Retail Electric Provider located in Harlingen, Texas, in the Rio Grande Valley serving the residential and commercial end users with affordable, low-cost electric rates to all cities of South Texas including, but not limited to McAllen, Edinburg, Pharr, Alamo, San Juan, Mission, Edinburg, Hidalgo, Rio Grande City, La Joya, Harlingen, Weslaco, Donna, La Feria, Port Isabel, South Padre Island, San Benito, Los Fresnos, Raymondville, Lyford, Brownsville and surrounding cities in the Rio Grande Valley and South Texas such as Laredo, Alice, Beeville, Hebronville, Zapata, and Corpus Christi as well as all cities open the electric Deregulation in the Texas ERCOT Market.

HINO Electric Power Company, the only locally owned and operated Retail Electric Provider (REP) in South Texas, the low cost Texas Electricity Company in South Texas, will always be vigilant in providing you with the most COMPETITIVE ELECTRIC PRICE, low cost electricity and low cost electric rates; Guaranteed, and the best One-on-One Customer Service with our "Open Door Policy."

Hino Electric offers prospects Straight Forward Contracts, providing you with low cost electricity pricing in South Texas (McAllen, Harlingen, Brownsville and other cities), great customer service, accurate billing, and offering the most competitive and low cost retail electric prices and low cost retail electric rates!

When you choose HINO Electric Power Company as your Retail Electric Provider (REP), you are not only choosing one of the best Texas Electricity Companies in the Rio Grande Valley and other cities across Texas, but you are also making the first step to start saving money on your electric bill. When you choose HINO Electric Power Company, the delivery and reliability of your electric service will not be compromised in any way whatsoever. When you choose HINO Electric as your Electric Service Company, the transaction is merely financial and not physical. Low-cost electricity is what we sell. Electricity in South Texas is an unavoidable cost of doing business... but now you have a choice!

Texas Electric Deregulation gives you the freedom to select the best Retail Electric Provider (REP) or Electric Company for your specific requirements. Because HINO Electric Power Company provides low cost electricity exclusively to Texas end users, we are focused on your electric needs. Our innovative business-focused approach makes electric service easier for you to manage and understand. The same electricity at significant savings, low cost electric rates and electric pricing! We provide the same electricity you have always known, delivered over the same electric lines, but thanks to today's Texas competitive deregulatory environment, we can now deliver low cost electricity more competitively. All this without sacrificing service or reliability.

Hino Electric as your Texas Electric Company also offers on this website its “Energy Price Outlook” in a weekly video format where Alex Hinojosa Jr., CEO and President, gives you the best advice on how to save on energy-saving strategies that can make a difference in your household budget.. Alex Hinojosa, Jr., CEO of HINO Electric, gives his weekly Electric Price Outlook, giving insight on natural gas supply/demand, natural gas price outlook, electric supply/demand and electric price outlook in Texas, focusing on the natural gas prices, natural gas outlook and electric prices and electric rates in South Texas. Visit us often for more low cost and no cost energy saving ideas. We are here to help with useful information which can give you some guidance on the direction of the electric market in Texas, such as when to lock, how long to lock in and pricing options and strategies.

- WEAK ECONOMY

- LOW INDUSTRIAL DEMAND

- NEW GENERATION COMING ON LINE

- NEW NAT. GAS SUPPLIES COMING ON LINE

= ELECTRIC PRICES ARE NOW, (LOWER SHORT TERM THAN LONGER TERM, BUT LONGER TERM STRIPS ARE ALL BELOW THE 200 DAY MOVING AVERAGES)

- BOTH SHORT or LONG TERM IS THE PLAY!

CFTC Aug. 5, 2011

EIA storage graphic, Aug. 5, 2011

8/11/11 Gas up $0.082 to $4.086. Apologies for the long Hiatus. Today's EIA storage report showed a 25 BCF build for the week ending Aug. 5. Stocks are now at 2.758 BCF, 197 BCF below lat year at this time and 80 BCF below the 5 yr. avg. The prompt Month, NYMEX Gas shot up after July 4th from the low $4.00 range up to the $4.55 range, only to begin its fall after the 18th to below $4.00. Even with record heat across Texas and much of the nation, record supply continues to flood the market. With all of the financial and political headlines, non-commercial traders have decided Gas is not the play, opting to pull the trigger on other commodities such as gold and corn, for example. Crude has also taken its lumps. One reason for the hiatus in reporting is the fact that not much has changed in fundamentals. Too much debt (Fed. Gov't), too much supply, (gas), not enough demand (industrial, power sector and consumers). Last week, the balancing market (spot market) in ERCOT went wild. Word on the street is many REPs enjoying very low/tamed spot prices, went short on their supply. When record demand manifested itself, true to ERCOT generators' modus operandi, they took advantage of these days to make up losses. Wholesale power supply reserve margins in ERCOT were debated among market participants, as being low and generators complained that there was no financial incentive to build new plants in ERCOT. After last week, they have changed their tune. Expect volatility to continue, lock-in short term or long term. Either is a good play as still, larger gas supplies come on-line. BUT, long term is a great play as all gas strips and power prices are below the 200 moving averages. 1, 2 and 3 yrs. Now is a great time for electric consumers to lock-in savings and don't' look back.

5/3/11 Gas down $0.007 to $4.687. June is now the front month as open interest is 158,00 contracts, compared to last month's open interest for the 1st of April (May contract) 248,000 contracts. Non-commercial traders are also less "net short." Injections will begin to increase, as they should for this time of year. The next two storage injections are predicted to be below last year's levels. This may put some upward pressure on the front month, but as investors clamor toward commodities, fundamentals begin to weigh less and less. More gas is still coming on-line, more liquids are being extracted and thus hefty profits are being realized by liquids marketers, gas and liquids producers. The gas drilling in the continental U.S. won't stop anytime soon. Still , there is scuttlebutt regarding a large Gas driller's credit/liquidity so there is talk about assets changing hands. Bottom line, there are still many x factors in the equation. While gas and power should be at lower price levels, they are not. Lock-in now long-term. ERCOT day ahead pricing, down with mild cool weather across Texas.

4/29/11 Gas up $0.12 to $4.528. Today's EIA Gas Storage Report shows a 31 BCF injection, bringing total stocks up to 1.685 BCF, 215 BCF les than last year at this time and 11 BCF below the 5-yr. avg. The injection was below trader's expectations. Below-normal temps have limited storage injections. As most speculators are short and prices move up, more buying takes place and moves prices up even more. Consumer Demand is higher this year than for the same time period last year. Milder weather is predicted to overtake consuming regions in the coming weeks, increasing injections. For now, Bulls rule. When a wave carries one away, one has no choice but to "go with the flow." Lock-in for summer. ERCOT day-ahead pricing down with cooler weather across Texas.

4/26/11 Gas down $0.013 to $4.376. Fundamentals have changed slightly in the short term with colder or below normal temps in the consuming regions, less net injections per week have occurred. For week ending April 15, stocks increased 47 BCF to 1.654 BCF or 165 BCF lower than last year at this time but 23 BCF above the 5-yr. avg. As the dollar continues to devaluate, commodities in general, and nat. gas is no exception, are headed up. While more wells are being drilled, more gas is coming on-line, traders push the price up. CFTC position limits are on the horizon. Prices should be in the $4.00 handle, or less. They are not though. As commodities which are traded in dollars continue to be a safe investment for large investors, fundamentals will not rule. Eventually, supply and demand must win the day. The question is when. Lock-in for summer if you haven't done so. ERCOT day ahead pricing mostly down.

2-21-11 Gas up $0.024 to $3.90 after the last 3 weeks of a virtual freefall from $4.49 on Feb. 3. Out of the last 13 trading days, gas has fallen on all but 4 days. We have not tweeted or posted on our blog because the same fundamental situation has not changed. Too much supply and not enough demand. Even with winter record cold, freezing/blizzard conditions and snow in consuming regions, even with production freeze-offs, gas stocks have not been depleted enough. More gas production is coming on-line and as long as crude prices remain high, more gas will be produced in order to process the liquids, which supplements the low cost of gas. Three weeks ago, record cold in Texas supposedly was responsible for shutting-in 72 power plants in ERCOT. Can anyone say "collusion?" How coincidental so many plants went down, at the same time, while the majority of the plant owners have plants in other northern states which experience blizzards, yet those plants never go off line for lack of "weatherization." Generators have argued for years to allow for free market price signals in the spot market (SPP) to incentive them in times of high demand, to charge high prices in order to run when power is needed most. ERCOT spot prices Feb. 3-4 went to $3,000.00/MWH (per 15 minute interval, which can equate to $12,000.00/MW per hour or $12.00/kwh), yet the generators could not or did not run. Generator's greed in the end only invokes more government regulation. All the IMM (independent market monitor) has to do is "look" at the money trail. Which generators got paid? There will be repercussions as new laws and regulations will be implemented to make certain plants run not only during times of extreme weather but always when consumers need them most and also that generators do not price gouge during these times. On the pricing front, non-commercial traders cut their net long positions in NYMEX gas. The $3.00 mark will be tested by April or even March. The play is still short term. ERCOT day-ahead pricing down.

1-28-11 Gas down $0.023 to $4.295. The last 4 trading days have been blowouts to the downside ($0.42/mmbtu). The previous 3 trading were blowouts to the upside. The same fundamentals are in control. The same fundamentals we have been touting for over a year now: TOO MUCH SUPPLY AND NOT ENOUGH DEMAND are in control! In the Wall Street Journal, 1/24/11 an Article Titled, "Money and Investing: Markets Rediscover the Fundamentals." Well... CFTC impending position limits on non-commercial traders' positions could have been the impetus of this new "discovery in the market." Whatever the reason, fundamentals at one point or another cannot be ignored. Read our blogs as being repetitious would not be prudent. Short term is the play and expect more correction to the downside as we get closer to Spring. ERCOT day-ahead pricing mostly down.

12-30-10 This will be the last blog from HinoJr for 2010. Gas up $0.046 to $4.332. Today's EIA storage report shows a 136 BCF draw, bringing total gas stocks down to 3.3232 TCF for the week ending Dec. 24, 2010. Gas stocks were 62 BCF less than last year at this time and 246 BCF above the 5-yr. avg. according the EIA website. The frequency of our blogs has diminished as fundamentals have not changed. While more cold weather is expected to flood consuming regions of the U.S. and increase demand to last week's levels, the question remains, how much will this deplete gas stocks? One point that "analysts" and "experts" fail to realize and mention is that gas producers will continue to "drill baby drill," regardless of NYMEX futures prices as they are making "bookoo" amounts of money on the liquid side of the equation. Even with the fact that some of the Shale play gas is "dry," meaning there are few "NGLs" (Natural Gas Liquids) to extract from the gas. Producers will continue to squeeze out the liquids from the gas. The spreads that are made, (since most NGL's follow crude on a btu basis and not Gas, where the NGLs come from) is tremendous and a big time money maker. Expect gas production to continue to increase. Also expect too much supply to flood the market...and play it short! So the story for 2010 and most likely, 2011 is, too much supply, not enough demand. Short term is still the play! ERCOT day-ahead pricing down.

12-27-10 Gas down $0.051 to $4.032. Daily demand skyrockets to 100 Bcf/d as extremely cold weather and blizzard conditions blanket the NE and Southeast. Burn levels are approximately 5 bcf above normal levels due to more domestic demand and coal-to-gas fuel switching (power plants). Last week, daily demand averaged approximately 87 BCf/d resulting in a 18-19 BCF/d storage withdrawals. The question still remains, will today's massive demand be enough to deplete gas storage les by the end of the heating season? It Remains to be seen. ERCOT day-ahead prices down as temps across Texas are forecast to moderate throughout the week heading into New Year's Day.

12-21-10 Jan. Gas down $0.097 to $4.14 after yesterday's $0.17 increase. The next two EIA storage reports should show massive storage withdrawals, close to the 200 BCF range. Cold weather in consuming regions has moderated slightly, but even with massive cold weather, what we have espoused for over a year now continues to hold true: too much supply and not enough demand to deplete existing gas stocks and supply. The CFTC last week decided to delay its new rules on speculative position limits as Market Participants have protested vehemently and as a new Republican controlled Congress gets ready take the helm beginning in 2011. Again, this may have a major effect on commodity prices if large market participants in energy futures markets are forced to liquidate their positions. Speculators and Non-Commercial Traders continue to play the market very short. This could have the opposite effect if prices spike: "the shorts" will have to cover and "buy back" their short positions, thus exacerbating the upward price move. Fundamentals though should prevail and a price correction should take hold. Bottom line: same thing, too much supply, not enough demand. Bears rule. ERCOT day-ahead pricing down to mixed.

Content on this page requires a newer version of Adobe Flash Player.

HINO Electric Power Company, Your Texas Electricity Provider.