Modeled non-residential air source heat pump project
Capital cost ($): $1,017,951
Lifetime energy cost savings ($): $195,253
Net lifetime savings ($): $-822,698
Benefit-cost ratio: 0.2
Estimated square feet heated by ASHP systems: 30,217
Excess generation capacity needed (kW): 69 kW
Expected average coefficient of performance (COP): 2.92
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).