All About Energy Brokers
Career Description Buy or sell energy products on the behalf of residential or commercial customers or utilities. Negotiate and oversee contracts for energy sales.
A Day in the Life of an Energy Broker
- Purchase or sell energy or energy derivatives for customers.
- Analyze and evaluate energy supply bids to determine the best options.
- Research and recommend new products or services, such as alternative energy sources or renewable energy credits.
- Negotiate prices or contracts for energy sales or purchases.
- Price energy based on market conditions.
- Contact prospective buyers or sellers of power to arrange transactions.
What Every Energy Broker Should Know
Energy Brokers state the following job skills are important in their day-to-day work.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Mathematics: Using mathematics to solve problems.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Related Job Titles for this Occupation:
- Power Originator
- Customer Energy Specialist
- Real Time Trader
- Energy Management Specialist
- Sales Associate
Energy Broker Job Outlook
In 2016, there was an estimated number of 983,000 jobs in the United States for Energy Broker. New jobs are being produced at a rate of 9.7% which is above the national average. The Bureau of Labor Statistics predicts 94,900 new jobs for Energy Broker by 2026. Due to new job openings and attrition, there will be an average of 131,000 job openings in this field each year.
The states with the most job growth for Energy Broker are Utah, Washington, and Nevada. Watch out if you plan on working in Maine, Alaska, or Vermont. These states have the worst job growth for this type of profession.
Average Energy Brokers Salary
The salary for Energy Brokers ranges between about $26,300 and $116,090 a year.
Energy Brokers who work in New Jersey, District of Columbia, or Massachusetts, make the highest salaries.
How much do Energy Brokers make in different U.S. states?
|State||Annual Mean Salary|
|District of Columbia||$76,460|
What Tools & Technology do Energy Brokers Use?
Below is a list of the types of tools and technologies that Energy Brokers may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Web browser software
- Microsoft Access
- Microsoft SharePoint
- Microsoft Visual Basic
- Customer relationship management CRM software
- Oracle Siebel CRM
Becoming an Energy Broker
What education is needed to be an Energy Broker?
How many years of work experience do I need?
Where Energy Brokers Are Employed
The table below shows the approximate number of Energy Brokers employed by various industries.
Image Credit: Nick Nijhuis via Attribution-ShareAlike 4.0 International (CC BY-SA 4.0)
More about our data sources and methodologies.
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