Modeled non-residential air source heat pump project
Capital cost ($): $136,697
Lifetime energy cost savings ($): $-185,144
Net lifetime savings ($): $-321,841
Benefit-cost ratio: -1.4
Estimated square feet heated by ASHP systems: 3,258
Excess generation capacity needed (kW): 14 kW
Expected average coefficient of performance (COP): 2.43
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).