Modeled biomass pellet project

Capital cost: $390,814

Lifetime energy cost savings: $100,801

Net lifetime savings: $-290,013

Benefit-cost ratio: 0.3

Proposed max capacity: 713,908 mmbtu/hr

Area heated: 61,179 sqft

Fuel consumed per year: 212 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).