Energy Brokers
SOC: 41-3099.01

Description:

Buy or sell energy products on the behalf of residential or commercial customers or utilities. Negotiate and oversee contracts for energy sales.

National Salary Information:

Hourly Statistics:

Annual Statistics:

Source: Bureau of Labor Statistics 2015 wage data.

Employment Projections:

Employment (2014):
853,500 employed

Projected (2024):
924,100 employed

Projected growth (2014-2024)


Source: Bureau of Labor Statistics 2015 2014-2024 employment projections external site. "Projected growth" represents the estimated change in total employment over the projections period (2014-2024). "Projected job openings" represent openings due to growth and replacement.

Alternate Titles:

  • Account Administrator
  • Account Executive
  • Account Leader
  • Account Manager
  • Broker
  • Buyer
  • Client Administrator
  • Client Service Associate
  • Commodities Broker
  • Customer Energy Specialist
  • Electricity Trader
  • Electricity Trading Analyst
  • Energy Broker
  • Energy Conservation Specialist
  • Energy Derivatives Trader
  • Energy Management Specialist
  • Energy Sales Broker
  • Energy Scheduler
  • Energy Specialist
  • Energy Trader
  • Energy Trading Analyst
  • Natural Gas Basis Trader
  • Natural Gas Trader
  • Power Marketer
  • Power Originator
  • Real Time Trader
  • Renewable Energy Broker
  • Renewable Energy Trader
  • Sales Associate
  • Sales Specialist
  • Senior Energy Market Coordinator
  • Senior Energy Trader
  • Senior Power Scheduler
  • Smart Energy Specialist
  • Supply Manager

    • Job Zone Four: Considerable Preparation Needed

    Experience:

    A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

    Education:

    Most of these occupations require a four-year bachelor's degree, but some do not.

    Job Training:

    Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

    Required Skills:

  • Reading Comprehension
  • Active Listening
  • Writing
  • Speaking
  • Mathematics
  • Science
  • Critical Thinking
  • Active Learning
  • Learning Strategies
  • Monitoring
  • Social Perceptiveness
  • Coordination
  • Persuasion
  • Negotiation
  • Instructing
  • Service Orientation
  • Complex Problem Solving
  • Operations Analysis
  • Technology Design
  • Programming
  • Operation Monitoring
  • Quality Control Analysis
  • Judgment and Decision Making
  • Systems Analysis
  • Systems Evaluation
  • Time Management
  • Management of Financial Resources
  • Management of Material Resources
  • Management of Personnel Resources

    • Knowledge Used:

  • Administration and Management
  • Clerical
  • Economics and Accounting
  • Sales and Marketing
  • Customer and Personal Service
  • Personnel and Human Resources
  • Production and Processing
  • Computers and Electronics
  • Engineering and Technology
  • Mechanical
  • Mathematics
  • Physics
  • Psychology
  • Sociology and Anthropology
  • Geography
  • Education and Training
  • English Language
  • History and Archeology
  • Public Safety and Security
  • Law and Government
  • Telecommunications
  • Communications and Media

    • Tasks:

  • Purchase or sell energy or energy derivatives for customers.
  • Contact prospective buyers or sellers of power to arrange transactions.
  • Create product packages based on assessment of customers' needs.
  • Answer customer questions related to energy sales procedures, energy markets, or alternative energy sources.
  • Explain contracts or related documents to customers.
  • Forecast energy supply and demand to minimize costs and maximize availability.
  • Negotiate prices or contracts for energy sales or purchases.
  • Price energy based on market conditions.
  • Analyze customer bills and utility rate structures to select optimal rate structures for customers.
  • Develop or deliver proposals or presentations on topics such as the purchase or sale of energy.
  • Facilitate the delivery or receipt of wholesale power or retail load scheduling.
  • Monitor the flow of energy in response to changes in consumer demand.
  • Analyze and evaluate energy supply bids to determine the best options.
  • Monitor energy supply contracts to ensure proper implementation and execution by suppliers.
  • Prepare and send requests for price quotations to all energy companies in a particular market.
  • Research and recommend new products or services, such as alternative energy sources or renewable energy credits.

    • Tools & Technology:

  • Computer data input scanners
  • Desktop computers
  • Laptop computers
  • Laser facsimile machines
  • Multi-line telephone systems
  • Personal computers
  • Photocopying equipment
  • Customer relationship management CRM software
  • Microsoft Access
  • Microsoft Excel
  • Microsoft Office software
  • Microsoft PowerPoint
  • Microsoft SharePoint software
  • Microsoft Visual Basic
  • Microsoft Word
  • Multiple trading transaction systems
  • Oracle Siebel CRM
  • SAP software
  • Web browser software

    • sales and related

    industry stats

    SOC: 41-0000

    Total Employed: 14,462,120

    Average Annual Salary: $39,320