Modeled biomass pellet project

Capital cost: $3,712,962

Lifetime energy cost savings: $3,079,115

Net lifetime savings: $-633,846

Benefit-cost ratio: 0.8

Proposed max capacity: 6,782,554 mmbtu/hr

Area heated: 328,934 sqft

Fuel consumed per year: 2,017 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).