Modeled biomass pellet project

Capital cost: $848,834

Lifetime energy cost savings: $176,417

Net lifetime savings: $-672,417

Benefit-cost ratio: 0.2

Proposed max capacity: 1,550,585 mmbtu/hr

Area heated: 111,972 sqft

Fuel consumed per year: 461 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).