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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.
Table of Contents
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.
- Facilitate the delivery or receipt of wholesale power or retail load scheduling.
- Forecast energy supply and demand to minimize costs and maximize availability.
Salary
Energy Brokers with little to no experience tend to make between $26300 and $36610 while the more experienced ones can earn over $78890 per year.
| Top 5 paying states | Hourly | Annual |
|---|---|---|
| NJ | $39 | $80,470 |
| NY | $37 | $77,680 |
| DC | $37 | $76,460 |
| MA | $37 | $76,200 |
| VA | $37 | $76,130 |
One of the easiest ways to increase your salary as an Energy Broker is to move to a higher paying state like NJ. Right now, the highest paying states for Energy Brokers are NJ, NY, DC, MA and VA.
However, a higher pay at NJ doesn’t guarantee that you will make more because the living expenses at NJ might be twice as high than where you are currently at now.
Three 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.
Requirements
We asked other Energy Brokers what degree they had when they got the job and most of them said they had a Bachelor’s Degree followed by an Associate’s 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 |
Pros and Cons
Here are some of the pros and cons of being an Energy Broker.
| 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 work-related skill, knowledge, or experience is required for this career. |
What is the job like
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
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.
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Learn more about Energy Brokers
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Related 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, careers in Sales and Marketing
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