Modeled non-residential air source heat pump project
Capital cost ($): $1,615,459
Lifetime energy cost savings ($): $-355,510
Net lifetime savings ($): $-1,970,969
Benefit-cost ratio: -0.2
Estimated square feet heated by ASHP systems: 59,078
Excess generation capacity needed (kW): 123 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).