Modeled biomass pellet project

Capital cost: $253,736

Lifetime energy cost savings: $191,144

Net lifetime savings: $-62,592

Benefit-cost ratio: 0.8

Proposed max capacity: 463,506 mmbtu/hr

Area heated: 18,694 sqft

Fuel consumed per year: 125 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).