Modeled non-residential air source heat pump project
Capital cost ($): $14,868
Lifetime energy cost savings ($): $37,163
Net lifetime savings ($): $22,295
Benefit-cost ratio: 2.5
Estimated square feet heated by ASHP systems: 2,535
Excess generation capacity needed (kW): 1 kW
Expected average coefficient of performance (COP): 3.80
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).