Modeled biomass pellet project

Capital cost: $6,087,470

Lifetime energy cost savings: $5,332,506

Net lifetime savings: $-754,964

Benefit-cost ratio: 0.9

Proposed max capacity: 11,120,124 mmbtu/hr

Area heated: 422,819 sqft

Fuel consumed per year: 3,425 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).