Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $338,977

Net lifetime savings: $-254,070

Benefit-cost ratio: 0.6

Proposed max capacity: 887,066 mmbtu/hr

Area heated: 15,738 sqft

Fuel consumed per year: 149 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).