Modeled non-residential air source heat pump project
Capital cost ($): $3,079,578
Lifetime energy cost savings ($): $-392,954
Net lifetime savings ($): $-3,472,532
Benefit-cost ratio: -0.1
Estimated square feet heated by ASHP systems: 87,704
Excess generation capacity needed (kW): 234 kW
Expected average coefficient of performance (COP): 2.99
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).