Modeled biomass pellet project

Capital cost: $1,368,407

Lifetime energy cost savings: $1,023,797

Net lifetime savings: $-344,609

Benefit-cost ratio: 0.7

Proposed max capacity: 2,499,700 mmbtu/hr

Area heated: 82,221 sqft

Fuel consumed per year: 674 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).