Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $161,326

Net lifetime savings: $-234,038

Benefit-cost ratio: 0.4

Proposed max capacity: 646,426 mmbtu/hr

Area heated: 18,273 sqft

Fuel consumed per year: 98 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).