Modeled biomass pellet project

Capital cost: $249,302

Lifetime energy cost savings: $212,706

Net lifetime savings: $-36,595

Benefit-cost ratio: 0.9

Proposed max capacity: 455,405 mmbtu/hr

Area heated: 31,424 sqft

Fuel consumed per year: 135 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).