A T-gain graph, Φ = (G, ϕ), is a graph in which the function ϕ assigns a unit complex number to each orientation of an edge, and its inverse is assigned to the opposite orientation. The associated adjacency matrix A(Φ) is defined canonically.The energy E(Φ) of a T-gain graph Φ is the sum of the absolute values of all eigenvalues of A(Φ). We study the notion of energy of a vertex of a T-gain graph, and establish bounds for it. For any T-gain graph Φ, we prove that 2τ (G) − 2c(G) ≤ E(Φ) ≤ 2τ (G) ∆(G), where τ (G), c(G) and ∆(G) are the vertex cover number, the number of odd cycles and the largest vertex degree of G, respectively. Furthermore, using the properties of vertex energy, we characterize the classes of T-gain graphs for which E(Φ) = 2τ (G) − 2c(G) holds. Also, we characterize the classes of T-gain graphs for which E(Φ) = 2τ (G) ∆(G) holds. This characterization solves a general version of an open problem. In addition, we establish bounds for the energy in terms of the spectral radius of the associated adjacency matrix.