Modeled biomass cordwood project

Capital cost: $2,767,554

Lifetime energy cost savings: $4,850,056

Net lifetime savings: $2,082,502

Benefit-cost ratio: 1.8

Proposed max capacity: 4,481,350 mmbtu/hr

Area heated: 70,904 sqft

Fuel consumed per year: 661 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).