Modeled biomass cordwood project

Capital cost: $790,730

Lifetime energy cost savings: $323,811

Net lifetime savings: $-466,918

Benefit-cost ratio: 0.4

Proposed max capacity: 1,298,015 mmbtu/hr

Area heated: 61,179 sqft

Fuel consumed per year: 212 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).