Modeled non-residential air source heat pump project
Capital cost ($): $302,497
Lifetime energy cost savings ($): $-208,561
Net lifetime savings ($): $-511,058
Benefit-cost ratio: -0.7
Estimated square feet heated by ASHP systems: 17,060
Excess generation capacity needed (kW): 27 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).