Modeled biomass cordwood project

Capital cost: $197,682

Lifetime energy cost savings: $56,446

Net lifetime savings: $-141,237

Benefit-cost ratio: 0.3

Proposed max capacity: 242,701 mmbtu/hr

Area heated: 8,000 sqft

Fuel consumed per year: 40 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).