Modeled non-residential air source heat pump project

Capital cost ($): $1,216,436

Lifetime energy cost savings ($): $-283,981

Net lifetime savings ($): $-1,500,417

Benefit-cost ratio: -0.2

Estimated square feet heated by ASHP systems: 42,950

Excess generation capacity needed (kW): 93 kW

Expected average coefficient of performance (COP): 2.99

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).