Modeled biomass pellet project

Capital cost: $225,902

Lifetime energy cost savings: $324,709

Net lifetime savings: $98,807

Benefit-cost ratio: 1.4

Proposed max capacity: 412,661 mmbtu/hr

Area heated: 19,865 sqft

Fuel consumed per year: 111 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).