Modeled non-residential air source heat pump project
Capital cost ($): $345,838
Lifetime energy cost savings ($): $-247,937
Net lifetime savings ($): $-593,776
Benefit-cost ratio: -0.7
Estimated square feet heated by ASHP systems: 12,440
Excess generation capacity needed (kW): 30 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).