Modeled biomass cordwood project

Capital cost: $1,186,094

Lifetime energy cost savings: $1,662,102

Net lifetime savings: $476,007

Benefit-cost ratio: 1.4

Proposed max capacity: 1,833,728 mmbtu/hr

Area heated: 50,466 sqft

Fuel consumed per year: 300 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).