Energy Brokers

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About the Job

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

It is also Called

  • Supply Manager
  • Smart Energy Specialist
  • Senior Power Scheduler
  • Senior Energy Trader
  • Senior Energy Market Coordinator
  • Sales Specialist
  • Sales Associate
  • Renewable Energy Trader
  • Renewable Energy Broker
  • Real Time Trader
show all

What They Do

  • Research and recommend new products or services, such as alternative energy sources or renewable energy credits.
  • Prepare and send requests for price quotations to all energy companies in a particular market.
  • Monitor energy supply contracts to ensure proper implementation and execution by suppliers.
  • Analyze and evaluate energy supply bids to determine the best options.
  • Analyze customer bills and utility rate structures to select optimal rate structures for customers.
  • Explain contracts or related documents to customers.
  • Create product packages based on assessment of customers' needs.
  • Purchase or sell energy or energy derivatives for customers.
  • Facilitate the delivery or receipt of wholesale power or retail load scheduling.
  • Develop or deliver proposals or presentations on topics such as the purchase or sale of energy.

Interests

People who work in this occupation generally have the interest code: C.

This means people who work in this occupation generally have Conventional interests.

Work Values

People who work in this occupation generally prize Independence, but also value Achievement and Working Conditions in their jobs.

Things They Need to Know

  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

Things They Need to Be Able to Do

  • 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.
  • Mathematics - Using mathematics to solve problems.
  • Speaking - Talking to others to convey information effectively.
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.

Education Required

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

Wages

In 2016, the average annual wage in Pennsylvania was $64,330 with most people making between $28,850 and $112,590

Outlook

0.75%
avg. annual growth

During 2014, this occupation employed approximately 26,420 people in Pennsylvania. It is projected that there will be 28,400 employed in 2024.

This occupation will have about 198 openings due to growth and about 562 replacement openings for approximately 760 total annual openings.



Pennsylvania Department of Education