Modeled biomass pellet project

Capital cost: $3,188,463

Lifetime energy cost savings: $2,497,579

Net lifetime savings: $-690,883

Benefit-cost ratio: 0.8

Proposed max capacity: 5,824,439 mmbtu/hr

Area heated: 317,706 sqft

Fuel consumed per year: 1,732 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).