What Does it Take to Be 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.
Life As an Energy Broker: What Do They Do?
- Prepare and send requests for price quotations to all energy companies in a particular market.
- Develop or deliver proposals or presentations on topics such as the purchase or sale of energy.
- Purchase or sell energy or energy derivatives for customers.
- Explain contracts or related documents to customers.
- Contact prospective buyers or sellers of power to arrange transactions.
- Forecast energy supply and demand to minimize costs and maximize availability.
Energy Broker Needed Skills
When polled, Energy Brokers say the following skills are most frequently used in their jobs:
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
- Energy Trader
- Renewable Energy Trader
- Account Leader
- Energy Derivatives Trader
- Electricity Trading Analyst
What Kind of Energy Broker Job Opportunities Are There?
In 2016, there was an estimated number of 983,000 jobs in the United States for Energy Broker. 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. The BLS estimates 131,000 yearly job openings in this field.
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.
What is the Average Salary of an Energy Broker
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
Below is a list of the types of tools and technologies that Energy Brokers may use on a daily basis:
- 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?
Are there Energy Brokers education requirements?
How Long Does it Take to Become an Energy Broker?
Who Employs Energy Brokers?
Energy Brokers work in the following industries:
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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