Modeled biomass cordwood project

Capital cost: $197,682

Lifetime energy cost savings: $56,853

Net lifetime savings: $-140,829

Benefit-cost ratio: 0.3

Proposed max capacity: 175,569 mmbtu/hr

Area heated: 3,740 sqft

Fuel consumed per year: 26 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).