Modeled biomass pellet project

Capital cost: $159,678

Lifetime energy cost savings: $190,441

Net lifetime savings: $30,763

Benefit-cost ratio: 1.2

Proposed max capacity: 291,688 mmbtu/hr

Area heated: 14,081 sqft

Fuel consumed per year: 79 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).