Modeled biomass cordwood project

Capital cost: $593,047

Lifetime energy cost savings: $1,083,844

Net lifetime savings: $490,797

Benefit-cost ratio: 1.8

Proposed max capacity: 983,517 mmbtu/hr

Area heated: 21,428 sqft

Fuel consumed per year: 172 cords

This component calculates the potential change in heating oil usage from the installation of new cordwood boilers in non-residential buildings (assumed to heat 30% of non-residential square footage).