Biomass
Current Fuel Bill
Total Gallons of Fuel Oil used in a year
Price of heating oil in CT
Yearly fuel bill
Estimated Wood Pellet Total Bill
Amount of gallons of heating oil for one ton of wood pellets
Price per one ton of wood pellets
Total tons of pellets need to heat the town hall
Yearly wood pellet bill
Savings
Payback
Option 1
Prices were made available from BioHeatUSA
A 30 Ton Silo will cost $20,000
Note:Silo is not required and can significantly decrease the price
Two 180,000 BTU burners will need to be installed
If the price of oil increases to $3.00 the payback in years will change:
10.7 years
If the price of oil increases to $4.00 the payback in years will change:
6.1 years
500 lb hopper's are available for wood pellets also, which would eliminate the need for a silo
If the price of oil increases to $3.00 the payback in years will change:
4.6 years
If the price of oil increases to $4.00 the payback in years will change:
2.6 years