Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $500,352

Net lifetime savings: $104,987

Benefit-cost ratio: 1.3

Proposed max capacity: 603,864 mmbtu/hr

Area heated: 8,235 sqft

Fuel consumed per year: 91 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).