Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $366,963

Net lifetime savings: $-226,084

Benefit-cost ratio: 0.6

Proposed max capacity: 956,100 mmbtu/hr

Area heated: 42,482 sqft

Fuel consumed per year: 181 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).