Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $204,044

Net lifetime savings: $-191,321

Benefit-cost ratio: 0.5

Proposed max capacity: 747,397 mmbtu/hr

Area heated: 33,511 sqft

Fuel consumed per year: 122 cords

This component calculates the potential change in heating oil usage from the installation of new cordwood boilers in non-residential buildings (assumed to heat 30% of non-residential square footage).