Modeled biomass cordwood project

Capital cost: $395,365

Lifetime energy cost savings: $450,869

Net lifetime savings: $55,504

Benefit-cost ratio: 1.1

Proposed max capacity: 568,529 mmbtu/hr

Area heated: 12,679 sqft

Fuel consumed per year: 83 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).