Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $285,033

Net lifetime savings: $-308,014

Benefit-cost ratio: 0.5

Proposed max capacity: 850,979 mmbtu/hr

Area heated: 26,393 sqft

Fuel consumed per year: 147 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).