Modeled non-residential air source heat pump project
Capital cost ($): $3,115,529
Lifetime energy cost savings ($): $613,229
Net lifetime savings ($): $-2,502,300
Benefit-cost ratio: 0.2
Estimated square feet heated by ASHP systems: 70,904
Excess generation capacity needed (kW): 308 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).