Modeled non-residential air source heat pump project
Capital cost ($): $291,188
Lifetime energy cost savings ($): $-234,660
Net lifetime savings ($): $-525,848
Benefit-cost ratio: -0.8
Estimated square feet heated by ASHP systems: 23,948
Excess generation capacity needed (kW): 23 kW
Expected average coefficient of performance (COP): 3.77
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).