Modeled biomass cordwood project

Capital cost: $197,682

Lifetime energy cost savings: $138,737

Net lifetime savings: $-58,946

Benefit-cost ratio: 0.7

Proposed max capacity: 397,034 mmbtu/hr

Area heated: 7,980 sqft

Fuel consumed per year: 60 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).