Modeled biomass pellet project

Capital cost: $670,401

Lifetime energy cost savings: $501,572

Net lifetime savings: $-168,829

Benefit-cost ratio: 0.7

Proposed max capacity: 1,224,637 mmbtu/hr

Area heated: 34,677 sqft

Fuel consumed per year: 330 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).