I did the Electronic, Communications, and Control so I don't know how applicable mine would be to power, but I think I mainly used my memory, and then checked the refences for a few problems that actually had equations that might be easy to forget. I worked so many problems so many times I really trusted my memory for a lot of the test. I think I used my books on maybe 10 problems tops. But if you have time it doesn't hurt to check.
For example, many problems just involve circuit analysis, or very basic rules for semiconductors or op-amps - I certainly don't need to look up Kirchoffs laws every time I work a problem like this. Or the impedance of say a Capacitor or inductor. Or control system problems - I knew most of these so well from working hundreds of problems.
My impression is that electrical folks don't need their books quite as much because there aren't so many specialized equations to know. If you've worked a lot of problems it's often easier to just try to brute force it from the basics.