Modeled biomass pellet project

Capital cost: $263,833

Lifetime energy cost savings: $197,391

Net lifetime savings: $-66,442

Benefit-cost ratio: 0.7

Proposed max capacity: 481,950 mmbtu/hr

Area heated: 15,532 sqft

Fuel consumed per year: 130 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).