Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $536,441

Net lifetime savings: $-56,606

Benefit-cost ratio: 0.9

Proposed max capacity: 813,517 mmbtu/hr

Area heated: 19,835 sqft

Fuel consumed per year: 123 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).