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AEE Certified Energy Manager (CEM) Sample Questions:

1. Using an interest rate of 15%, an energy project has a net-present value (NPV) of $3,500. Which statement is true about the project's internal rate of return (IRR)?

A) IRR > 15%
B) IRR < 15%
C) IRR < 0%
D) IRR = 15%

2. When comparing two similar facilities, you see that the facility with newer, higher-efficiency equipment has a higher energy-use index [EUI] (kJ/m²-yr). What might be the cause?

A) The facility with the higher EUI requires a supervisory control and data acquisition (SCADA) system
B) The facility with the higher efficiency equipment should have a higher EUI
C) The facility with the lower EUI is in need of commissioning
D) The facility with the higher EUI is in need of commissioning
E) The facility with the lower EUI requires a performance contract

3. In general, which of the following is the least expensive and easiest way to finance an energy project?

A) Performance contract
B) Equity
C) Debt

4. In an ammonia-water absorption chiller, what material is the refrigerant?

A) Water
B) Ammonia
C) Lithium bromide
D) Some form of fluorocarbon

5. What is the Energy Use index (EUl) for a 4,000 m2 building that uses the following amounts of energy each year?

A) 855,250 kJ/m²-yr
B) 1,612,000 kJ/m²-yr
C) 403,311 kJ/m²-yr
D) 3,220,800 kg/m²-yr
E) 625,600 kJ/m²-yr

Solutions: