Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $145,114

Net lifetime savings: $-250,250

Benefit-cost ratio: 0.4

Proposed max capacity: 530,341 mmbtu/hr

Area heated: 14,081 sqft

Fuel consumed per year: 79 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).