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    Author(s): Robert Govett; Scott Bowe; Terry Mace; Steve Hubbard; John (Rusty) DrammRichard Bergman
    Date: 2005
    Source: Madison, WI : Wisconsin Dept. of Natural Resources, Division of Forestry, 2005: 13 pages
    Publication Series: Miscellaneous
    PDF: Download Publication  (1.0 MB)


    “Wood Fueled Boiler Financial Feasibility” is a spreadsheet program designed for easy use on a personal computer. This program provides a starting point for interested parties to perform financial feasibility analysis of a steam boiler system for space heating or process heat. By allowing users to input the conditions applicable to their current or proposed fuel systems, “Wood Fueled Boiler Financial Feasibility” provides an opportunity to compare wood or bark fuel as alternates to the existing fuel. This program has been designed for use by most decision-makers seeking basic insight such as annual savings and potential payback of wood fuel. More detailed financial feasibility estimates can also be done on a 20-year period of analysis for those who have greater technical expertise and are more knowledgeable in conducting such analyses. It is suggested that first-time users read this manual and carefully examine all explanatory text in the spreadsheet related to entries, calculations, and interpretations prior to initial use of the spreadsheet.

    Publication Notes

    • We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.


    Govett, Robert; Bowe, Scott; Mace, Terry; Hubbard, Steve; Dramm, John (Rusty); Bergman, Richard. 2005. Wood fueled boiler financial feasibility user''s manual. Madison, WI : Wisconsin Dept. of Natural Resources, Division of Forestry, 2005: 13 pages


    Fuelwood industry, economic aspects, energy industries, steam boilers, efficiency, feasibility studies, fuelwood, wood waste as fuel, wood as fuel, Excel, Wood Fueled Boiler Financial Feasibility

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