Modeled biomass cordwood project

Capital cost: $1,383,777

Lifetime energy cost savings: $1,898,536

Net lifetime savings: $514,759

Benefit-cost ratio: 1.4

Proposed max capacity: 2,215,125 mmbtu/hr

Area heated: 48,623 sqft

Fuel consumed per year: 370 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).