Modeled biomass pellet project

Capital cost: $355,276

Lifetime energy cost savings: $73,839

Net lifetime savings: $-281,438

Benefit-cost ratio: 0.2

Proposed max capacity: 648,992 mmbtu/hr

Area heated: 46,265 sqft

Fuel consumed per year: 193 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).