Modeled non-residential air source heat pump project
Capital cost ($): $266,355
Lifetime energy cost savings ($): $-185,074
Net lifetime savings ($): $-451,429
Benefit-cost ratio: -0.7
Estimated square feet heated by ASHP systems: 21,662
Excess generation capacity needed (kW): 24 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).