Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $293,086

Net lifetime savings: $-102,279

Benefit-cost ratio: 0.7

Proposed max capacity: 705,896 mmbtu/hr

Area heated: 16,052 sqft

Fuel consumed per year: 104 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).