Modeled biomass cordwood project

Capital cost: $1,186,094

Lifetime energy cost savings: $498,696

Net lifetime savings: $-687,398

Benefit-cost ratio: 0.4

Proposed max capacity: 2,003,818 mmbtu/hr

Area heated: 82,785 sqft

Fuel consumed per year: 328 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).