Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $540,419

Net lifetime savings: $145,054

Benefit-cost ratio: 1.4

Proposed max capacity: 686,340 mmbtu/hr

Area heated: 11,749 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).