Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $83,362

Net lifetime savings: $-312,002

Benefit-cost ratio: 0.2

Proposed max capacity: 703,169 mmbtu/hr

Area heated: 12,737 sqft

Fuel consumed per year: 104 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).