Modeled non-residential air source heat pump project
Capital cost ($): $122,059
Lifetime energy cost savings ($): $495,110
Net lifetime savings ($): $373,051
Benefit-cost ratio: 4.1
Estimated square feet heated by ASHP systems: 3,740
Excess generation capacity needed (kW): 12 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).