Modeled non-residential air source heat pump project
Capital cost ($): $315,745
Lifetime energy cost savings ($): $-177,383
Net lifetime savings ($): $-493,128
Benefit-cost ratio: -0.6
Estimated square feet heated by ASHP systems: 33,511
Excess generation capacity needed (kW): 28 kW
Expected average coefficient of performance (COP): 3.74
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).