Modeled non-residential air source heat pump project
Capital cost ($): $1,228,804
Lifetime energy cost savings ($): $509,130
Net lifetime savings ($): $-719,674
Benefit-cost ratio: 0.4
Estimated square feet heated by ASHP systems: 68,230
Excess generation capacity needed (kW): 109 kW
Expected average coefficient of performance (COP): 3.32
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).