Modeled non-residential air source heat pump project
Capital cost ($): $555,401
Lifetime energy cost savings ($): $187,979
Net lifetime savings ($): $-367,423
Benefit-cost ratio: 0.3
Estimated square feet heated by ASHP systems: 46,760
Excess generation capacity needed (kW): 50 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).