Modeled non-residential air source heat pump project
Capital cost ($): $4,619,883
Lifetime energy cost savings ($): $1,689,095
Net lifetime savings ($): $-2,930,788
Benefit-cost ratio: 0.4
Estimated square feet heated by ASHP systems: 309,109
Excess generation capacity needed (kW): 443 kW
Expected average coefficient of performance (COP): 3.61
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).