Modeled biomass pellet project

Capital cost: $716,799

Lifetime energy cost savings: $442,738

Net lifetime savings: $-274,061

Benefit-cost ratio: 0.6

Proposed max capacity: 1,309,394 mmbtu/hr

Area heated: 100,780 sqft

Fuel consumed per year: 389 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).