Modeled non-residential air source heat pump project

Capital cost ($): $1,135,889

Lifetime energy cost savings ($): $218,528

Net lifetime savings ($): $-917,362

Benefit-cost ratio: 0.2

Estimated square feet heated by ASHP systems: 25,929

Excess generation capacity needed (kW): 91 kW

Expected average coefficient of performance (COP): 2.52

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).