Modeled non-residential air source heat pump project
Capital cost ($): $1,265,291
Lifetime energy cost savings ($): $-141,999
Net lifetime savings ($): $-1,407,290
Benefit-cost ratio: -0.1
Estimated square feet heated by ASHP systems: 54,772
Excess generation capacity needed (kW): 100 kW
Expected average coefficient of performance (COP): 2.84
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).