Modeled biomass pellet project

Capital cost: $29,629

Lifetime energy cost savings: $25,037

Net lifetime savings: $-4,592

Benefit-cost ratio: 0.8

Proposed max capacity: 54,124 mmbtu/hr

Area heated: 1,710 sqft

Fuel consumed per year: 15 tons of pellets

This component calculates the potential change in heating oil usage from the installation of new biomass pellet boilers in non-residential buildings (assumed to heat 30% of non-residential square footage).