Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $134,093

Net lifetime savings: $-458,954

Benefit-cost ratio: 0.2

Proposed max capacity: 876,274 mmbtu/hr

Area heated: 15,532 sqft

Fuel consumed per year: 130 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).