Modeled non-residential air source heat pump project
Capital cost ($): $1,114,574
Lifetime energy cost savings ($): $-121,745
Net lifetime savings ($): $-1,236,319
Benefit-cost ratio: -0.1
Estimated square feet heated by ASHP systems: 39,027
Excess generation capacity needed (kW): 85 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).