Modeled non-residential air source heat pump project
Capital cost ($): $875,790
Lifetime energy cost savings ($): $-202,360
Net lifetime savings ($): $-1,078,150
Benefit-cost ratio: -0.2
Estimated square feet heated by ASHP systems: 30,200
Excess generation capacity needed (kW): 67 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).