Modeled biomass cordwood project

Capital cost: $2,174,507

Lifetime energy cost savings: $534,327

Net lifetime savings: $-1,640,180

Benefit-cost ratio: 0.2

Proposed max capacity: 3,473,837 mmbtu/hr

Area heated: 73,110 sqft

Fuel consumed per year: 515 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).