Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $129,798

Net lifetime savings: $-463,249

Benefit-cost ratio: 0.2

Proposed max capacity: 842,738 mmbtu/hr

Area heated: 18,694 sqft

Fuel consumed per year: 125 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).