What Do Energy Brokers Do (including Their Typical Day At Work)

Stan T.Career, Job DescriptionLeave a Comment

Job Description, Daily Responsibilities, and Work Life

Energy Brokers

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

Salary
$70490
Becoming One
Hard
Education
Bachelor's degree
Job Satisfaction
Low
Job Growth

Personality



Job Description

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. They also price energy based on market conditions.

Other tasks include:

  • Negotiate prices or contracts for energy sales or purchases.
  • Facilitate the delivery or receipt of wholesale power or retail load scheduling.
  • Forecast energy supply and demand to minimize costs and maximize availability.
  • Purchase or sell energy or energy derivatives for customers.
  • Contact prospective buyers or sellers of power to arrange transactions.
  • Monitor the flow of energy in response to changes in consumer demand.

We asked Energy Brokers how satisfied they are with their job. Here is what they said.

Job satisfaction

63%

How meaningful is this job

42%


63% of them said they were satisfied with their job and 42% said they find that their job makes the world a better place or helps to make someone else’s life better.



Typical Day At Work

On a daily basis, Energy Brokers price energy based on market conditions. They facilitate the delivery or receipt of wholesale power or retail load scheduling.

A typical day for an Energy Broker will also include:

  • Monitor the flow of energy in response to changes in consumer demand.
  • Forecast energy supply and demand to minimize costs and maximize availability.
  • Contact prospective buyers or sellers of power to arrange transactions.
  • Purchase or sell energy or energy derivatives for customers.
  • Create product packages based on assessment of customers’ needs.

We asked some Energy Brokers a few questions to find out what else does their work day look like. Here is what we found.

Do you have telephone conversations everyday in this job? 100% said yes
How important is it to work in a team in this job? 82% said very important
Do you have group discussions everyday in this job? 86% said yes
Do you talk or work with customers everyday in this job? 77% said yes
Do you have to deal with angry customers everyday in this job? 8% said yes
Do you have to make decisions everyday in this job? 54% said yes

Other responsibilities

Besides their typical day, Energy Brokers also answer customer questions related to energy sales procedures, energy markets, or alternative energy sources. They may also create product packages based on assessment of customers’ needs.

On a weekly to monthly basis, Energy Brokers Analyze customer bills and utility rate structures to select optimal rate structures for customers. They might also Monitor the flow of energy in response to changes in consumer demand.

In addition, they Contact prospective buyers or sellers of power to arrange transactions.

Although specific duties may vary, many of them Explain contracts or related documents to customers.

To some Energy Brokers, it is also their responsibility to Develop or deliver proposals or presentations on topics, such as the purchase or sale of energy.


Working life

Working hours

Standard 40 hour work week

Working schedule

Regular schedule like a 9 to 5

In a typical work week as an Energy Broker, you can expect to work 40 hour work week.

Do Energy Brokers work in an office-style work environment?

Every day
97%


Once a week
3%


Do Energy Brokers work outdoors?

Never
95%


Once a year
5%



Is this right for me

Best personality for this career

The Entrepreneurs and The Organizers

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.

You can read more about these career personality types here.



Learn more about Energy Brokers

Summary
Job Description (You are here)
Salary
Requirements
Quiz

Related to Energy Brokers Job Description

Energy Brokers job description, what do Energy Brokers do, typical day for Energy Brokers, what is it like to work as an Energy Broker, how many hours do Energy Brokers work, day to day work of an Energy Broker

Additional resources

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


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.