Modeled biomass pellet project

Capital cost: $32,506

Lifetime energy cost savings: $24,320

Net lifetime savings: $-8,186

Benefit-cost ratio: 0.7

Proposed max capacity: 59,379 mmbtu/hr

Area heated: 1,938 sqft

Fuel consumed per year: 16 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).