Home > Salary > Monaco > Power Systems Engineer
A power systems engineer is responsible for designing, developing, and maintaining electrical power systems. They analyze power distribution networks, generators, transformers, and other equipment to ensure efficient and reliable operation. Power systems engineers also evaluate energy consumption patterns and recommend strategies for optimizing power usage. They collaborate with other engineers and technicians to troubleshoot and resolve issues related to power systems. Additionally, they may be involved in the implementation of renewable energy sources and the integration of smart grid technologies.
Estimated Yearly Salary: 307,839 EUR
Estimated Monthly Salary: 25,653 EUR
Estimated Weekly Salary: 5,920 EUR per week
Estimated Hourly Salary: 148 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 24,846 EUR
Estimated Weekly Salary: 5,734 EUR per week
Estimated Hourly Salary: 143 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 309,636 USD
Estimated Monthly Salary: 25,803 USD
Estimated Weekly Salary: 5,955 USD per week
Estimated Hourly Salary: 149 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 307,839 EUR
Estimated Monthly Salary: 25,653 EUR
Estimated Weekly Salary: 5,920 EUR per week
Estimated Hourly Salary: 148 EUR per hour
By working as Power Systems Engineer a person can save up to 18,360 USD per month or 220,318 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Power Systems Engineer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Leasing managerproperty (120,395 EUR per year, pre-tax.)
Magnetic resonance imaging (mri), supervisor (243,800 EUR per year, pre-tax.)
Sales representative pharmaceutical equipment (171,563 EUR per year, pre-tax.)
Plant pathologist (312,623 EUR per year, pre-tax.)
Bilingual speech therapist (275,854 EUR per year, pre-tax.)
Power Systems Engineer salary in Monaco
Average Yearly Salary of Power Systems Engineer in Monaco is approximately 307,839 EUR (309,636 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Power Systems Engineer do?
A power systems engineer is responsible for designing, developing, and maintaining electrical power systems. They analyze power distribution networks, generators, transformers, and other equipment to ensure efficient and reliable operation. Power systems engineers also evaluate energy consumption patterns and recommend strategies for optimizing power usage. They collaborate with other engineers and technicians to troubleshoot and resolve issues related to power systems. Additionally, they may be involved in the implementation of renewable energy sources and the integration of smart grid technologies.
Skills: Power Systems Engineer, Electrical Engineering, Energy Distribution, Renewable Energy, Smart Grid, Power Optimization
Job industry: Energy
Job industry: Energy
How much does Power Systems Engineer make?
Salary details
How much does Power Systems Engineer make?Estimated Yearly Salary: 307,839 EUR
Estimated Monthly Salary: 25,653 EUR
Estimated Weekly Salary: 5,920 EUR per week
Estimated Hourly Salary: 148 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 298,156 EUREstimated Monthly Salary: 24,846 EUR
Estimated Weekly Salary: 5,734 EUR per week
Estimated Hourly Salary: 143 EUR per hour
Last revision of data: 2024-01-05Power Systems Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 309,636 USD
Estimated Monthly Salary: 25,803 USD
Estimated Weekly Salary: 5,955 USD per week
Estimated Hourly Salary: 149 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Power Systems Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Power Systems Engineer in Monaco earns on average:
1.81 times the average salary (or 181% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Power Systems Engineer job salary compared to average salary in Monaco.
Comparison shows that a person working as Power Systems Engineer in Monaco earns on average:
1.81 times the average salary (or 181% of average salary).
Is Power Systems Engineer a well paid job?
Yes, our data shows that Power Systems Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Power Systems Engineer?
High salary for Power Systems Engineer would be somewhere between 338,623 EUR and 446,367 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Power Systems Engineer in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 307,839 EUR
Estimated Monthly Salary: 25,653 EUR
Estimated Weekly Salary: 5,920 EUR per week
Estimated Hourly Salary: 148 EUR per hour
By working as Power Systems Engineer a person can save up to 18,360 USD per month or 220,318 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Power Systems Engineer
France is 76,247 USD
Italy is 62,606 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Leasing managerproperty (120,395 EUR per year, pre-tax.)
Magnetic resonance imaging (mri), supervisor (243,800 EUR per year, pre-tax.)
Sales representative pharmaceutical equipment (171,563 EUR per year, pre-tax.)
Plant pathologist (312,623 EUR per year, pre-tax.)
Bilingual speech therapist (275,854 EUR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=monaco&job=power-systems-engineer'><img src='https://optisalary.com/wp-content/graphs/salary/power-systems-engineer-salary-in-monaco-2025.jpg' alt='power systems engineer salary in monaco 2025' title='power systems engineer salary in monaco 2025' /></a>
Please note:Salary data displayed on this site is for reference only.
Salary details presented on this website are meant for informational use exclusively. Our data comes from multiple sources and may not always be up to date. Users should cross-reference salary information independently before making employment decisions. The figures listed here may fluctuate due to factors such as location, industry standards, and individual skill sets. We cannot warrant that the information displayed is flawless. By using this website, you agree that salary information is presented 'as is' and without assurances.
The salary figures on optisalary.com are meant for informational purposes only. We collect salary data from multiple providers, but do not guarantee absolute precision. Users should independently confirm salaries before making financial decisions. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We deny any guarantee regarding the validity of the provided salary data. By using this site, you acknowledge that salary data is not definitive.