Modeled non-residential air source heat pump project
Capital cost ($): $173,301
Lifetime energy cost savings ($): $-397,474
Net lifetime savings ($): $-570,775
Benefit-cost ratio: -2.3
Estimated square feet heated by ASHP systems: 5,045
Excess generation capacity needed (kW): 16 kW
Expected average coefficient of performance (COP): 2.52
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).