Modeled biomass pellet project

Capital cost: $299,402

Lifetime energy cost savings: $248,290

Net lifetime savings: $-51,111

Benefit-cost ratio: 0.8

Proposed max capacity: 546,924 mmbtu/hr

Area heated: 33,132 sqft

Fuel consumed per year: 163 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).