Modeled non-residential air source heat pump project
Capital cost ($): $1,879,104
Lifetime energy cost savings ($): $-1,139,524
Net lifetime savings ($): $-3,018,627
Benefit-cost ratio: -0.6
Estimated square feet heated by ASHP systems: 90,155
Excess generation capacity needed (kW): 143 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).