Modeled biomass pellet project

Capital cost: $5,998,821

Lifetime energy cost savings: $4,974,752

Net lifetime savings: $-1,024,070

Benefit-cost ratio: 0.8

Proposed max capacity: 10,958,188 mmbtu/hr

Area heated: 604,047 sqft

Fuel consumed per year: 3,258 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).