Modeled biomass cordwood project

Capital cost: $1,976,824

Lifetime energy cost savings: $482,439

Net lifetime savings: $-1,494,385

Benefit-cost ratio: 0.2

Proposed max capacity: 3,137,776 mmbtu/hr

Area heated: 48,548 sqft

Fuel consumed per year: 465 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).