Modeled biomass pellet project

Capital cost: $354,900

Lifetime energy cost savings: $484,879

Net lifetime savings: $129,980

Benefit-cost ratio: 1.4

Proposed max capacity: 648,304 mmbtu/hr

Area heated: 22,442 sqft

Fuel consumed per year: 174 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).