Modeled non-residential air source heat pump project
Capital cost ($): $397,791
Lifetime energy cost savings ($): $624,382
Net lifetime savings ($): $226,591
Benefit-cost ratio: 1.6
Estimated square feet heated by ASHP systems: 31,843
Excess generation capacity needed (kW): 29 kW
Expected average coefficient of performance (COP): 3.77
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).