Modeled non-residential air source heat pump project
Capital cost ($): $682,975
Lifetime energy cost savings ($): $732,091
Net lifetime savings ($): $49,116
Benefit-cost ratio: 1.1
Estimated square feet heated by ASHP systems: 43,924
Excess generation capacity needed (kW): 61 kW
Expected average coefficient of performance (COP): 3.74
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).