Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $420,472

Net lifetime savings: $-172,576

Benefit-cost ratio: 0.7

Proposed max capacity: 963,047 mmbtu/hr

Area heated: 15,323 sqft

Fuel consumed per year: 142 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).