Modeled non-residential air source heat pump project
Capital cost ($): $428,831
Lifetime energy cost savings ($): $192,508
Net lifetime savings ($): $-236,322
Benefit-cost ratio: 0.4
Estimated square feet heated by ASHP systems: 33,407
Excess generation capacity needed (kW): 38 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).