Modeled non-residential air source heat pump project
Capital cost ($): $24,148,701
Lifetime energy cost savings ($): $-2,835,940
Net lifetime savings ($): $-26,984,642
Benefit-cost ratio: -0.1
Estimated square feet heated by ASHP systems: 685,168
Excess generation capacity needed (kW): 1,839 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).