Modeled biomass pellet project

Capital cost: $585,713

Lifetime energy cost savings: $438,211

Net lifetime savings: $-147,502

Benefit-cost ratio: 0.7

Proposed max capacity: 1,069,936 mmbtu/hr

Area heated: 30,054 sqft

Fuel consumed per year: 289 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).