Modeled biomass pellet project

Capital cost: $189,830

Lifetime energy cost savings: $148,697

Net lifetime savings: $-41,133

Benefit-cost ratio: 0.8

Proposed max capacity: 346,768 mmbtu/hr

Area heated: 21,662 sqft

Fuel consumed per year: 103 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).