Modeled non-residential air source heat pump project
Capital cost ($): $240,268
Lifetime energy cost savings ($): $181,585
Net lifetime savings ($): $-58,684
Benefit-cost ratio: 0.8
Estimated square feet heated by ASHP systems: 23,374
Excess generation capacity needed (kW): 17 kW
Expected average coefficient of performance (COP): 3.77
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).