Financial Manager Salary in Sector of Utilities

The salary statistics of financial managers in the industry sector of utilities are shown in Table 1. In Table 2 we compare financial manager salaries in different industries within the utilities sector.

Average Annual Salary of Financial Managers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$83,690
25th Percentile Wage
$106,840
50th Percentile Wage
$134,940
75th Percentile Wage
$176,760
90th Percentile Wage
No Data

Table 1 shows the average annual salary for financial managers in the industry sector of utilities. The salaries are shown in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) financial managers is $176,760. The median annual salary (50th percentile) is $134,940. The average annual salary for the bottom 10 percent paid financial managers is $83,690.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial managers in the industry sector of utilities from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$134,940
2.91% 14.00%
2016
$131,010
2.81% -
2015
$127,330
2.89% -
2014
$123,650
1.93% -
2013
$121,260
4.30% -
2012
$116,050
- -

Compare Financial Manager Salary in Different Industries within the Utilities Sector

The average salaries of financial managers in nine industries in the utilities sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for financial manager occupations is the hydroelectric power generation industry with an annual salary $169,910. The lowest paying industry is the water, sewage and other systems industry (annual salary $119,650). For detailed financial manager salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Hydroelectric Power Generation
$169,910
Fossil Fuel Electric Power Generation
$158,910
Natural Gas Distribution
$147,850
Utilities
$134,940
Nuclear Electric Power Generation
$133,250
Electric Power Generation, Transmission and Distribution
$131,290
Wind Electric Power Generation
$121,060
Solar Electric Power Generation
$120,130
Water, Sewage and Other Systems
$119,650

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




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