Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $349,229

Net lifetime savings: $-46,136

Benefit-cost ratio: 0.9

Proposed max capacity: 805,590 mmbtu/hr

Area heated: 19,390 sqft

Fuel consumed per year: 119 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).