Modeled biomass pellet project

Capital cost: $225,030

Lifetime energy cost savings: $76,372

Net lifetime savings: $-148,659

Benefit-cost ratio: 0.3

Proposed max capacity: 411,068 mmbtu/hr

Area heated: 33,511 sqft

Fuel consumed per year: 122 tons of pellets

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