Modeled non-residential air source heat pump project
Capital cost ($): $517,371
Lifetime energy cost savings ($): $130,720
Net lifetime savings ($): $-386,651
Benefit-cost ratio: 0.3
Estimated square feet heated by ASHP systems: 43,756
Excess generation capacity needed (kW): 46 kW
Expected average coefficient of performance (COP): 3.74
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).