Energy Broker Salary in Somerset, New Jersey

Energy Broker Salary in Somerset, NJ

How much does an Energy Broker make in Somerset, NJ? The average Energy Broker salary in Somerset, NJ is $69,197 as of May 28, 2024, but the salary range typically falls between $59,603 and $79,397. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Energy Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Energy Broker Salary $50,868 Somerset,NJ May 28, 2024
25th Percentile Energy Broker Salary $59,603 Somerset,NJ May 28, 2024
50th Percentile Energy Broker Salary $69,197 Somerset,NJ May 28, 2024
75th Percentile Energy Broker Salary $79,397 Somerset,NJ May 28, 2024
90th Percentile Energy Broker Salary $88,684 Somerset,NJ May 28, 2024
25% $59,603 10% $50,868 90% $88,684 75% $79,397 $69,197 50%(Median) Didn’t find job title? Click
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What is an Energy Broker ?

Energy brokers assist clients in procuring electric or natural gas from energy wholesalers/suppliers.[citation needed] Since electricity and natural gas are commodities, prices change daily with the market. It is challenging for most businesses without energy managers to obtain price comparisons from a variety of suppliers since prices must be compared on exactly the same day. In addition, the terms of the particular contract offered by the supplier influences the price that is quoted. An energy broker can provide a valuable service if they work with a large number of suppliers and can actu...

Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia

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Job Openings for Energy Broker in Somerset, NJ

Career Path for this job

  1. This Job:

    Energy Broker

    2 - 4 years experience
    Bachelor's Degree

  2. Up a level:

    Branch Manager - Insurance


    Bachelor's Degree

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Understand the total compensation opportunity for an Energy Broker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
59603
79397
69197

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
60708
93424
73048
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Energy Broker in Somerset, NJ. The base salary for Energy Broker ranges from $59,603 to $79,397 with the average base salary of $69,197. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $60,708 to $93,424 with the average total cash compensation of $73,048.

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For a real-time salary target, tell us more about your role in the four categories below.

59603
79397

 

About Somerset, New Jersey    Somerset is an unincorporated community and census-designated place (CDP) located within Franklin Township, in Somerset County, New Jersey, United Sta....More

Somerset, New Jersey  area prices were up 1.5% from a year ago

Energy Broker Salary in popular cities: Newark, Jersey City, Paterson

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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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