Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $336,934

Net lifetime savings: $-58,430

Benefit-cost ratio: 0.9

Proposed max capacity: 733,338 mmbtu/hr

Area heated: 16,947 sqft

Fuel consumed per year: 123 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).