Modeled non-residential air source heat pump project
Capital cost ($): $372,187
Lifetime energy cost savings ($): $-291,895
Net lifetime savings ($): $-664,081
Benefit-cost ratio: -0.8
Estimated square feet heated by ASHP systems: 9,465
Excess generation capacity needed (kW): 30 kW
Expected average coefficient of performance (COP): 2.52
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).