Modeled biomass pellet project

Capital cost: $1,045,922

Lifetime energy cost savings: $782,525

Net lifetime savings: $-263,397

Benefit-cost ratio: 0.7

Proposed max capacity: 1,910,610 mmbtu/hr

Area heated: 73,110 sqft

Fuel consumed per year: 515 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).