Modeled biomass pellet project

Capital cost: $4,008,636

Lifetime energy cost savings: $2,807,104

Net lifetime savings: $-1,201,532

Benefit-cost ratio: 0.7

Proposed max capacity: 7,322,669 mmbtu/hr

Area heated: 309,109 sqft

Fuel consumed per year: 1,869 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).