Modeled non-residential air source heat pump project
Capital cost ($): $449,873
Lifetime energy cost savings ($): $365,337
Net lifetime savings ($): $-84,536
Benefit-cost ratio: 0.8
Estimated square feet heated by ASHP systems: 15,738
Excess generation capacity needed (kW): 40 kW
Expected average coefficient of performance (COP): 3.32
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).