Modeled biomass pellet project

Capital cost: $305,626

Lifetime energy cost savings: $63,520

Net lifetime savings: $-242,106

Benefit-cost ratio: 0.2

Proposed max capacity: 558,294 mmbtu/hr

Area heated: 33,407 sqft

Fuel consumed per year: 166 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).