Modeled non-residential air source heat pump project
Capital cost ($): $331,789
Lifetime energy cost savings ($): $-390,177
Net lifetime savings ($): $-721,966
Benefit-cost ratio: -1.2
Estimated square feet heated by ASHP systems: 12,457
Excess generation capacity needed (kW): 25 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).