Modeled non-residential air source heat pump project
Capital cost ($): $2,530,923
Lifetime energy cost savings ($): $-1,922,084
Net lifetime savings ($): $-4,453,007
Benefit-cost ratio: -0.8
Estimated square feet heated by ASHP systems: 75,450
Excess generation capacity needed (kW): 331 kW
Expected average coefficient of performance (COP): 2.66
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).