Modeled non-residential air source heat pump project
Capital cost ($): $351,286
Lifetime energy cost savings ($): $-469,482
Net lifetime savings ($): $-820,769
Benefit-cost ratio: -1.3
Estimated square feet heated by ASHP systems: 14,155
Excess generation capacity needed (kW): 27 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).