Modeled biomass pellet project

Capital cost: $486,753

Lifetime energy cost savings: $381,283

Net lifetime savings: $-105,471

Benefit-cost ratio: 0.8

Proposed max capacity: 889,164 mmbtu/hr

Area heated: 43,924 sqft

Fuel consumed per year: 264 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).