What is an Energy Broker?
Career Description Buy or sell energy products on the behalf of residential or commercial customers or utilities. Negotiate and oversee contracts for energy sales.
Daily Life Of an Energy Broker
- Monitor energy supply contracts to ensure proper implementation and execution by suppliers.
- Analyze customer bills and utility rate structures to select optimal rate structures for customers.
- Negotiate prices or contracts for energy sales or purchases.
- Monitor the flow of energy in response to changes in consumer demand.
- Contact prospective buyers or sellers of power to arrange transactions.
- Answer customer questions related to energy sales procedures, energy markets, or alternative energy sources.
Qualities of an Energy Broker
Below is a list of the skills most Energy Brokers say are important on the job.
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.
Other Energy Broker Job Titles
- Senior Power Scheduler
- Energy Trading Analyst
- Supply Manager
- Senior Energy Trader
- Power Marketer
What Kind of Energy Broker Job Opportunities Are There?
There were about 983,000 jobs for Energy Broker in 2016 (in the United States). 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. There will be an estimated 131,000 positions for Energy Broker per 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.
Energy Broker Salary
The average yearly salary of an Energy Broker ranges between $26,300 and $116,090.
Energy Brokers who work in New Jersey, District of Columbia, or Massachusetts, make the highest salaries.
How much do Energy Brokers make in each U.S. state?
|State||Annual Mean Salary|
|District of Columbia||$76,460|
Tools & Technologies Used by Energy Brokers
Although they’re not necessarily needed for all jobs, the following technologies are used by many Energy Brokers:
- 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
How do I Become an Energy Broker?
What education is needed to be an Energy Broker?
How Long Does it Take to Become an Energy Broker?
Who Employs Energy Brokers?
Below are examples of industries where Energy Brokers work:
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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