Modeled biomass pellet project

Capital cost: $1,358,133

Lifetime energy cost savings: $1,016,111

Net lifetime savings: $-342,022

Benefit-cost ratio: 0.7

Proposed max capacity: 2,480,933 mmbtu/hr

Area heated: 75,450 sqft

Fuel consumed per year: 669 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).