Modeled biomass pellet project

Capital cost: $372,659

Lifetime energy cost savings: $509,143

Net lifetime savings: $136,484

Benefit-cost ratio: 1.4

Proposed max capacity: 680,744 mmbtu/hr

Area heated: 18,145 sqft

Fuel consumed per year: 183 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).