Modeled biomass pellet project

Capital cost: $21,990

Lifetime energy cost savings: $18,762

Net lifetime savings: $-3,228

Benefit-cost ratio: 0.9

Proposed max capacity: 40,170 mmbtu/hr

Area heated: 1,670 sqft

Fuel consumed per year: 12 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).