Modeled biomass pellet project

Capital cost: $603,320

Lifetime energy cost savings: $153,714

Net lifetime savings: $-449,607

Benefit-cost ratio: 0.3

Proposed max capacity: 1,102,100 mmbtu/hr

Area heated: 82,785 sqft

Fuel consumed per year: 328 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).