Modeled biomass cordwood project

Capital cost: $1,383,777

Lifetime energy cost savings: $671,465

Net lifetime savings: $-712,311

Benefit-cost ratio: 0.5

Proposed max capacity: 2,150,642 mmbtu/hr

Area heated: 45,848 sqft

Fuel consumed per year: 371 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).