Modeled biomass pellet project

Capital cost: $358,660

Lifetime energy cost savings: $280,945

Net lifetime savings: $-77,715

Benefit-cost ratio: 0.8

Proposed max capacity: 655,173 mmbtu/hr

Area heated: 32,365 sqft

Fuel consumed per year: 195 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).