Modeled non-residential air source heat pump project
Capital cost ($): $1,289,849
Lifetime energy cost savings ($): $-155,010
Net lifetime savings ($): $-1,444,858
Benefit-cost ratio: -0.1
Estimated square feet heated by ASHP systems: 45,482
Excess generation capacity needed (kW): 98 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).