Modeled non-residential air source heat pump project
Capital cost ($): $768,484
Lifetime energy cost savings ($): $94,177
Net lifetime savings ($): $-674,307
Benefit-cost ratio: 0.1
Estimated square feet heated by ASHP systems: 15,126
Excess generation capacity needed (kW): 59 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).