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AEE Certified Energy Manager (CEM) Sample Questions:

1. A new energy-efficient boiler costs $60,890 to buy and install. The new energy-efficient boiler will save
$15,400 per year and last for 20 years. What is the internal rate of return (IRR) of the project?

A) 10%
B) 20%
C) 30%
D) 25%
E) 15%

2. What is the main reason for using instrumentation in energy audits?

A) Support the local economy
B) Validate utility energy bills
C) Save energy
D) Determine energy flows

3. Which of the following is NOT a typical benefit of performance contracting from the building owner's perspective?

A) Performance contracting can provide access to external financing when the owner may not have sufficient equity for in-house financing for large projects
B) Net cash flow can be neutral or positive for the owner
C) Maintenance services provided by the performance contractor can add value to the overall savings achieved
D) The energy-service company can have a financial incentive to achieve projected savings
E) Performance contracting is a simple and quick process

4. The International Performance Measurement and Verification Protocol (IPMVP) has how many categories (method options) to determine the performance of an energy- or water-consuming system?

A) 2 Options
B) 6 Options
C) 5 Options
D) 3 Options
E) 4 Options

5. An energy-saving project costs $540,000. The project will have maintenance costs of $25,000 per year. The energy savings from the project are $160,000 per year. What is the simple payback of the project?

A) 5.0 years
B) 2.0 years
C) 3.0 years
D) 4.0 years

Solutions: