Modeled non-residential air source heat pump project
Capital cost ($): $347,305
Lifetime energy cost savings ($): $-347,993
Net lifetime savings ($): $-695,297
Benefit-cost ratio: -1.0
Estimated square feet heated by ASHP systems: 16,225
Excess generation capacity needed (kW): 50 kW
Expected average coefficient of performance (COP): 2.39
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).