Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $89,999

Net lifetime savings: $-305,366

Benefit-cost ratio: 0.2

Proposed max capacity: 505,871 mmbtu/hr

Area heated: 11,649 sqft

Fuel consumed per year: 75 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).