Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $245,801

Net lifetime savings: $-149,564

Benefit-cost ratio: 0.6

Proposed max capacity: 719,192 mmbtu/hr

Area heated: 30,970 sqft

Fuel consumed per year: 118 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).