Energy Brokers: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

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



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Salary

Average salary
$64860 per year

Average hourly wage
$31 per hour


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 statesHourlyAnnual
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

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 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
Read more about how to become an Energy Broker and the degree, training and education you need.

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

Job satisfaction
63%

Is this job meaningful
42%


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 Entrepreneurs 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.




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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