What Does it Take to Be an Energy Broker?
Energy Broker Example: Buy or sell energy products on behalf of residential or commercial customers or utilities. Negotiate and oversee contracts for energy sales.
- Create product packages based on assessment of customers' needs.
- Purchase or sell energy or energy derivatives for customers.
- Research and recommend new products or services, such as alternative energy sources or renewable energy credits.
- Analyze customer bills and utility rate structures to select optimal rate structures for customers.
- Negotiate prices or contracts for energy sales or purchases.
- Facilitate the delivery or receipt of wholesale power or retail load scheduling.
Skills Required
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.
Job Outlook for Energy Brokers
There were about 983,000 jobs for Energy Brokers 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 Brokers by 2026. The BLS estimates 131,000 yearly job openings in this field.
The states with the most job growth for Energy Brokers are Utah, Washington, and Nevada.
Do Energy Brokers Make A Lot Of Money?
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.
Tools and Technologies
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
- Microsoft Access
- SAP
- Microsoft SharePoint
- Microsoft Visual Basic
- Customer relationship management (CRM) software
Becoming an Energy Broker
Learn what Energy Broker education requirements there are.
Where Energy Brokers Work
Energy Brokers work in various industries.
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