Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $335,138

Net lifetime savings: $-60,227

Benefit-cost ratio: 0.8

Proposed max capacity: 619,332 mmbtu/hr

Area heated: 39,366 sqft

Fuel consumed per year: 117 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).