Modeled non-residential air source heat pump project
Capital cost ($): $1,206,814
Lifetime energy cost savings ($): $-618,979
Net lifetime savings ($): $-1,825,793
Benefit-cost ratio: -0.5
Estimated square feet heated by ASHP systems: 68,977
Excess generation capacity needed (kW): 107 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).