Modeled biomass pellet project

Capital cost: $2,994,701

Lifetime energy cost savings: $4,091,491

Net lifetime savings: $1,096,790

Benefit-cost ratio: 1.4

Proposed max capacity: 5,470,490 mmbtu/hr

Area heated: 155,185 sqft

Fuel consumed per year: 1,467 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).