Modeled biomass cordwood project

Capital cost: $790,730

Lifetime energy cost savings: $646,833

Net lifetime savings: $-143,897

Benefit-cost ratio: 0.8

Proposed max capacity: 1,178,734 mmbtu/hr

Area heated: 22,442 sqft

Fuel consumed per year: 174 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).