Modeled biomass cordwood project

Capital cost: $197,682

Lifetime energy cost savings: $43,475

Net lifetime savings: $-154,207

Benefit-cost ratio: 0.2

Proposed max capacity: 219,676 mmbtu/hr

Area heated: 8,523 sqft

Fuel consumed per year: 38 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).