Modeled biomass pellet project

Capital cost: $634,803

Lifetime energy cost savings: $474,939

Net lifetime savings: $-159,864

Benefit-cost ratio: 0.7

Proposed max capacity: 1,159,610 mmbtu/hr

Area heated: 32,365 sqft

Fuel consumed per year: 313 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).