Modeled biomass cordwood project

Capital cost: $1,186,094

Lifetime energy cost savings: $2,951,055

Net lifetime savings: $1,764,960

Benefit-cost ratio: 2.5

Proposed max capacity: 2,015,364 mmbtu/hr

Area heated: 37,478 sqft

Fuel consumed per year: 347 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).