Modeled biomass cordwood project

Capital cost: $988,412

Lifetime energy cost savings: $635,735

Net lifetime savings: $-352,677

Benefit-cost ratio: 0.6

Proposed max capacity: 1,616,662 mmbtu/hr

Area heated: 43,924 sqft

Fuel consumed per year: 264 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).