The energy analyst is a specialist with a high-level understanding of energy markets and the responsibility of locating, gathering, and analyzing energy data in a proficient and timely manner, to provide information and analysis to their company and/or clients. The job description entails carrying out data modeling and staying current on relevant issues and trends within the energy sector.
Energy analysts are also responsible for using various tools, including Excel, VBA, and MS Access; SQL, and SQL Server Integration Services (SSIS), to collect and organize various energy data sources, develop analysis into processes, and improve existing processes in an organization. They are also responsible for undertaking various projects in the organization that may include energy efficiency consulting, demand-side project management, and energy auditing, as well as energy and related economic analysis.
To work as an energy analyst, applicants need at least a Bachelor's degree in Finance, Economics, Petroleum Engineering, Accounting, Mathematics, Statistics, or Business, or in a related field of study along with passing the appropriate CEPE exam and at least one year of work experience. They make an average of $32.77 an hour. That's $68,152 a year!
There is more than meets the eye when it comes to being an energy analyst. For example, did you know that they make an average of $32.04 an hour? That's $66,634 a year!
Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.
There are certain skills that many energy analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed leadership skills, management skills and computer skills.
If you're interested in becoming an energy analyst, one of the first things to consider is how much education you need. We've determined that 72.9% of energy analysts have a bachelor's degree. In terms of higher education levels, we found that 19.6% of energy analysts have master's degrees. Even though most energy analysts have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an energy analyst. When we researched the most common majors for an energy analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on energy analyst resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an energy analyst. In fact, many energy analyst jobs require experience in a role such as internship. Meanwhile, many energy analysts also have previous career experience in roles such as research assistant or project manager.