Modeled biomass pellet project

Capital cost: $81,655

Lifetime energy cost savings: $24,002

Net lifetime savings: $-57,653

Benefit-cost ratio: 0.3

Proposed max capacity: 149,161 mmbtu/hr

Area heated: 7,828 sqft

Fuel consumed per year: 44 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).