Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $200,105

Net lifetime savings: $-195,260

Benefit-cost ratio: 0.5

Proposed max capacity: 524,198 mmbtu/hr

Area heated: 22,418 sqft

Fuel consumed per year: 99 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).