Modeled non-residential air source heat pump project
Capital cost ($): $1,554,190
Lifetime energy cost savings ($): $525,998
Net lifetime savings ($): $-1,028,192
Benefit-cost ratio: 0.3
Estimated square feet heated by ASHP systems: 68,871
Excess generation capacity needed (kW): 118 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).