Modeled non-residential air source heat pump project
Capital cost ($): $3,328,068
Lifetime energy cost savings ($): $4,134,891
Net lifetime savings ($): $806,823
Benefit-cost ratio: 1.2
Estimated square feet heated by ASHP systems: 63,854
Excess generation capacity needed (kW): 257 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).