Energy Brokers: Salary, Job Description, How To Be One and More

Stanley TanLeave a Comment



Energy Brokers jobs information
pros and cons of being an Energy Broker

Energy Brokers

Other names for this job might include Account Administrator, Account Executive, Account Leader, Account Manager, Broker, Buyer, Client Administrator, Client Service Associate, Commodities Broker, Electricity Trader


  • $62360
    Salary
  • 63%
    Job satisfaction
  • Quite Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

C+



Energy Brokers: Know It All In 1 Minute


In this career summary, you will find out what the job of An Energy Broker is about and what it is like.

After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.



Job description

Energy Brokers buy or sell energy products on the behalf of residential or commercial customers or utilities. Negotiate and oversee contracts for energy sales.

  • Price energy based on market conditions.
  • Negotiate prices or contracts for energy sales or purchases.
  • Forecast energy supply and demand to minimize costs and maximize availability.
  • Contact prospective buyers or sellers of power to arrange transactions.

Read more about what does An Energy Broker really do at work and what is it like being and working as one.


Become one

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Salary

Average salary
$62360 per year

Hourly wage
$29.98 an hour


Energy Brokers with little to no experience tend to make between $24720 and $34700 while the more experienced ones make over $76520 per year.

Top 5 paying statesHourlyAnnual
MA$37.68$78380
NH$37.16$77290
NY$36.32$75550
VA$35.14$73100
CT$34.91$72610

1 of the easiest ways to increase your salary as An Energy Broker is to move to a higher paying state like MA. Right now, the highest paying states for Energy Brokers are MA, NH, NY, VA and CT.

However a higher pay at MA doesn’t guarantee that you will make more because the living expenses at MA might be 2x higher than where you are currently at now.

3 other factors that can increase your salary as An Energy Broker is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).

Find out how much do successful Energy Brokers make and if their salary is high when compared to all the other careers.


Requirements

Recommended degree level
Bachelor’s Degree

We asked other Energy Brokers what degree they had when they got the job and most of them said they had a Bachelors degree followed by Associates degree.

Other than that we also asked them what did they major in and here are the most popular majors that came up.

Retailing and Retail Operations
Selling Skills and Sales Operations

Another popular question from our readers is what makes An Energy Broker successful or would they be good in this career.

Well, we found that most successful Energy Brokers have these 5 skillsets.

Critical Thinking
Reading Comprehension
Active Listening
Speaking
Mathematics

In addition to that, 1 common characteristic among successful Energy Brokers is they are good at Attention to Detail. Here are the top 5 common characteristics.

Attention to Detail
Dependability
Analytical Thinking
Integrity
Initiative
= Hot in-demand that most employers are looking for

Read more about what it really takes to become An Energy Broker and the degree, training and education you need


Pros and Cons

Here are some reasons why you should and shouldn’t choose An Energy Broker as your career.

PROS
Suitable for people who likes to start and carry out projects
Suitable for people who wants independence and likes to work on their own and make decisions
This career is perfect for people who love to work indoors.
Very good salary
Normal working hours (40 hours per week)
CONS
Not suitable for people who likes to work with designs
It is hard to get into this career. A considerable amount of workrelated skill, knowledge, or experience is required for this career.


There will be pros and cons for all jobs. The point is how much do the pros outweigh the cons to you.

A pro to you might be a con to Bob. A pro to Bob might be a con to you. We suggest reading about this career framework that can help you to find out what type of careers are right for you.



What is the job like

Job satisfaction
63%

Is this job meaningful
42%


Working hours
40 hours per week

Working schedule
Regular (Set schedule and routine)


On a normal working week Energy Brokers work 40 hours per week.

63% of Energy Brokers said they were satisfied with their job and 42% said they feel like their job is making other people’s lives better.



Is this right for me

Best personality for this career
The Persuaders and The Organizers


You can read more about these career personality types here.

People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business.

They also like following set procedures and routines. They like working with data and details more than with ideas.



How we can help

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Related to Energy Brokers Career Information

Energy Brokers job description, Energy Brokers salary, Energy Brokers information, what is the job of an Energy Broker like, pros and cons about Energy Brokers, colleges and universities for Energy Brokers, is Energy Brokers the right career for me, Quite Hard careers to get into, careers in Sales and Marketing

Additional resources

http://www.bls.gov/green/solar_power/
http://www.bls.gov/ooh/sales/securities-commodities-and-financial-services-sales-agents.htm

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Energy Brokers
Written by: Stanley Tan
Energy Brokers buy or sell energy products on the behalf of residential or commercial customers or utilities. Negotiate and oversee contracts for energy sales.
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