Modeled non-residential air source heat pump project
Capital cost ($): $594,103
Lifetime energy cost savings ($): $-1,030,944
Net lifetime savings ($): $-1,625,047
Benefit-cost ratio: -1.7
Estimated square feet heated by ASHP systems: 25,627
Excess generation capacity needed (kW): 78 kW
Expected average coefficient of performance (COP): 2.66
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).