Modeled biomass pellet project

Capital cost: $73,074

Lifetime energy cost savings: $15,187

Net lifetime savings: $-57,887

Benefit-cost ratio: 0.2

Proposed max capacity: 133,486 mmbtu/hr

Area heated: 8,000 sqft

Fuel consumed per year: 40 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).