Modeled non-residential air source heat pump project
Capital cost ($): $669,531
Lifetime energy cost savings ($): $-121,726
Net lifetime savings ($): $-791,257
Benefit-cost ratio: -0.2
Estimated square feet heated by ASHP systems: 15,323
Excess generation capacity needed (kW): 66 kW
Expected average coefficient of performance (COP): 2.64
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).