Modeled biomass pellet project

Capital cost: $7,493,844

Lifetime energy cost savings: $6,214,556

Net lifetime savings: $-1,279,288

Benefit-cost ratio: 0.8

Proposed max capacity: 13,689,181 mmbtu/hr

Area heated: 755,710 sqft

Fuel consumed per year: 4,070 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).