Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $303,260

Net lifetime savings: $-92,105

Benefit-cost ratio: 0.8

Proposed max capacity: 523,054 mmbtu/hr

Area heated: 29,876 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).