How much does a Power Trader make in Dover, DE? The average Power Trader salary in Dover, DE is $113,953 as of February 26, 2024, but the range typically falls between $100,171 and $137,143. 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. 

Power Trader Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Power Trader Salary $87,624 Dover,DE February 26, 2024
25th Percentile Power Trader Salary $100,171 Dover,DE February 26, 2024
50th Percentile Power Trader Salary $113,953 Dover,DE February 26, 2024
75th Percentile Power Trader Salary $137,143 Dover,DE February 26, 2024
90th Percentile Power Trader Salary $158,256 Dover,DE February 26, 2024
25% $100,171 10% $87,624 90% $158,256 75% $137,143 $113,953 50%(Median) Didn’t find job title? Click
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What skills does a Power Trader need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.

Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.

3.

Data Management: Data Management comprises all disciplines related to managing data as a valuable resource. The concept of data management arose in the 1980s as technology moved from sequential processing (first cards, then tape) to random access storage. Since it was now possible to store a discreet fact and quickly access it using random access disk technology, those suggesting that data management was more important than business process management used arguments such as "a customer's home address is stored in 75 (or some other large number) places in our computer systems." However, during this period, random access processing was not competitively fast, so those suggesting "process management" was more important than "data management" used batch processing time as their primary argument. As software applications evolved into real-time, interactive usage, it became obvious that both management processes were important. If the data was not well defined, the data would be mis-used in applications. If the process wasn't well defined, it was impossible to meet user needs.

Risk Management 0.01%
Wholesale 0.01%
Data Management 0.01%
Others 99.97%

Job Description for Power Trader

Power Trader is responsible for the purchase and sale of energy. Monitors energy levels and reports needs or excesses and conducts market analysis to identify fluctuations in cost and availability of power sources. Being a Power Trader requires knowledge of energy trading markets and trading practices. May require a bachelor's degree in area of specialty. Additionally, Power Trader typically reports to a manager or head of a unit/department. To be a Power Trader typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Power Trader in Dover, DE

Career Path for Power Trader

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Power Trader, the upper level is Power Trader, Sr. and then progresses to Power & Fuel Trading Director.

Those that have already made the climb...
Dean Tinsley, Former Senior Vice President, Operations
Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. The company was formerly known as Bonanza Creek Energy, Inc. Civitas R... More
Fiscal Year Ended in 2022
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Power Trader salary varies from city to city. Compared with national average salary of Power Trader, the highest Power Trader salary is in San Francisco, CA, where the Power Trader salary is 25.0% above. The lowest Power Trader salary is in Miami, FL, where the Power Trader salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Power Trader, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
100171
137143
113953

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
105146
147874
120811
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Power Trader in Dover, DE. The base salary for Power Trader ranges from $100,171 to $137,143 with the average base salary of $113,953. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $105,146 to $147,874 with the average total cash compensation of $120,811.
Step 2 of 3

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How much should you be paid?

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

100171
137143

 

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How much should you be paid?

About Dover, Delaware    Dover (/ˈdoʊvər/) is the capital and second-largest city in the U.S. state of Delaware. It is also the county seat of Kent County, and the principal c....More

Dover, Delaware  area prices were up 1.0% from a year ago    View the Cost of Living in Dover, Delaware

Power Trader Salary in popular cities: WilmingtonNewarkMiddletown

Skills associated with Power Trader: Execute orders, Market Analysis, Energy Trading

Salary estimation for Power Trader at companies like : Spc Holdings LLC, Earth Resource Co, AUDIOLOGICAL ASSOCIATES, INC.:: Virginia( LLC