Modeled biomass pellet project

Capital cost: $318,805

Lifetime energy cost savings: $269,392

Net lifetime savings: $-49,413

Benefit-cost ratio: 0.8

Proposed max capacity: 582,368 mmbtu/hr

Area heated: 25,627 sqft

Fuel consumed per year: 157 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).