Modeled non-residential air source heat pump project
Capital cost ($): $4,229,103
Lifetime energy cost savings ($): $-2,684,439
Net lifetime savings ($): $-6,913,542
Benefit-cost ratio: -0.6
Estimated square feet heated by ASHP systems: 144,989
Excess generation capacity needed (kW): 383 kW
Expected average coefficient of performance (COP): 2.84
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).