Modeled non-residential air source heat pump project

Capital cost ($): $264,202

Lifetime energy cost savings ($): $-261,174

Net lifetime savings ($): $-525,376

Benefit-cost ratio: -1.0

Estimated square feet heated by ASHP systems: 18,933

Excess generation capacity needed (kW): 24 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).