Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $979,214

Net lifetime savings: $386,166

Benefit-cost ratio: 1.7

Proposed max capacity: 1,130,654 mmbtu/hr

Area heated: 22,976 sqft

Fuel consumed per year: 195 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).