Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $126,252

Net lifetime savings: $-269,113

Benefit-cost ratio: 0.3

Proposed max capacity: 502,072 mmbtu/hr

Area heated: 16,753 sqft

Fuel consumed per year: 89 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).