Modeled non-residential air source heat pump project
Capital cost ($): $2,738,294
Lifetime energy cost savings ($): $-1,613,650
Net lifetime savings ($): $-4,351,944
Benefit-cost ratio: -0.6
Estimated square feet heated by ASHP systems: 54,124
Excess generation capacity needed (kW): 220 kW
Expected average coefficient of performance (COP): 2.52
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).