Modeled non-residential air source heat pump project
Capital cost ($): $684,518
Lifetime energy cost savings ($): $-1,122,175
Net lifetime savings ($): $-1,806,693
Benefit-cost ratio: -1.6
Estimated square feet heated by ASHP systems: 80,819
Excess generation capacity needed (kW): 50 kW
Expected average coefficient of performance (COP): 3.63
This component calculates the potential change in heating oil usage from the installation of new air source heat pumps in non-residential buildings (assumed to heat 30% of non-residential square footage).