Modeled non-residential air source heat pump project
Capital cost ($): $89,087
Lifetime energy cost savings ($): $330,806
Net lifetime savings ($): $241,719
Benefit-cost ratio: 3.7
Estimated square feet heated by ASHP systems: 8,895
Excess generation capacity needed (kW): 8 kW
Expected average coefficient of performance (COP): 3.80
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).