How to Become an Energy Trader
There is more than meets the eye when it comes to being an energy trader. For example, did you know that they make an average of $53.94 an hour? That's $112,192 a year!
Between 2018 and 2028, the career is expected to grow 4% and produce 18,500 job opportunities across the U.S.
What Does an Energy Trader Do
There are certain skills that many energy traders 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 analytical skills, customer-service skills and detail oriented.
How To Become an Energy Trader
If you're interested in becoming an energy trader, one of the first things to consider is how much education you need. We've determined that 78.7% of energy traders have a bachelor's degree. In terms of higher education levels, we found that 18.1% of energy traders have master's degrees. Even though most energy traders 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 trader. When we researched the most common majors for an energy trader, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on energy trader resumes include doctoral degree degrees or license degrees.
You may find that experience in other jobs will help you become an energy trader. In fact, many energy trader jobs require experience in a role such as trader. Meanwhile, many energy traders also have previous career experience in roles such as internship or senior energy trader.
Energy Trader Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, an energy trader can determine their career goals through the career progression. For example, they could start out with a role such as broker, progress to a title such as account executive and then eventually end up with the title district sales manager.
Average Salary for an Energy Trader
What Am I Worth?
Top Colleges for Energy Traders
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of Southern California
Los Angeles, CA • Private
4. SUNY at Binghamton
Vestal, NY • Private
5. Villanova University
Villanova, PA • Private
6. San Diego State University
San Diego, CA • Private
7. Bentley University
Waltham, MA • Private
8. Boston University
Boston, MA • Private
9. SUNY Stony Brook
Stony Brook, NY • Private
10. New York University
New York, NY • Private
Top Skills For an Energy Trader
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 21.0% of energy traders listed market conditions on their resume, but soft skills such as analytical skills and customer-service skills are important as well.
Choose From 10+ Customizable Energy Trader Resume templates
Zippia allows you to choose from different easy-to-use Energy Trader templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Energy Trader resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Energy Trader Demographics
Energy Trader Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among energy traders, 10.4% of them are women, while 89.6% are men.
- The most common race/ethnicity among energy traders is White, which makes up 72.1% of all energy traders.
- The most common foreign language among energy traders is Spanish at 100.0%.
Online Courses For Energy Trader That You May Like
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Learn to calculate market segments, use pricing techniques, and forecast sales with Excel for better marketing strategy...
Implement and audit an Energy management system as per ISO 50001:2018...
Best States For an Energy Trader
Some places are better than others when it comes to starting a career as an energy trader. The best states for people in this position are New York, Pennsylvania, Virginia, and California. Energy traders make the most in New York with an average salary of $128,773. Whereas in Pennsylvania and Virginia, they would average $126,510 and $123,461, respectively. While energy traders would only make an average of $120,309 in California, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New York
$128,773
Avg. Salary
2. Virginia
$123,461
Avg. Salary
3. Mississippi
$115,524
Avg. Salary
How Do Energy Trader Rate Their Jobs?
Top Energy Trader Employers
Most Common Employers For Energy Trader
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | The Williams Companies | $156,586 | $75.28 | 2 |
| 2 | The AES | $147,890 | $71.10 | 2 |
| 3 | ABN AMRO Chicago Corporation | $144,394 | $69.42 | 2 |
| 4 | Con Edison | $140,060 | $67.34 | 2 |
| 5 | Florida Power and Light | $138,187 | $66.44 | 2 |
| 6 | Claria Corporation | $132,023 | $63.47 | 2 |
| 7 | American Electric Power | $131,082 | $63.02 | 9 |
| 8 | NRG Energy | $130,735 | $62.85 | 2 |
| 9 | Turlock Irrigation District | $127,445 | $61.27 | 2 |
| 10 | Rainbow Energy Marketing | $123,155 | $59.21 | 8 |