Modeled non-residential air source heat pump project
Capital cost ($): $503,245
Lifetime energy cost savings ($): $538,400
Net lifetime savings ($): $35,155
Benefit-cost ratio: 1.1
Estimated square feet heated by ASHP systems: 32,365
Excess generation capacity needed (kW): 45 kW
Expected average coefficient of performance (COP): 3.74
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).