Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $340,100

Net lifetime savings: $-252,947

Benefit-cost ratio: 0.6

Proposed max capacity: 828,009 mmbtu/hr

Area heated: 31,424 sqft

Fuel consumed per year: 135 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).