Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $238,917

Net lifetime savings: $-156,447

Benefit-cost ratio: 0.6

Proposed max capacity: 580,269 mmbtu/hr

Area heated: 16,225 sqft

Fuel consumed per year: 81 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).