Modeled biomass pellet project

Capital cost: $174,711

Lifetime energy cost savings: $293,081

Net lifetime savings: $118,370

Benefit-cost ratio: 1.7

Proposed max capacity: 319,148 mmbtu/hr

Area heated: 16,225 sqft

Fuel consumed per year: 81 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).