Modeled non-residential air source heat pump project

Capital cost ($): $102,532

Lifetime energy cost savings ($): $43,034

Net lifetime savings ($): $-59,498

Benefit-cost ratio: 0.4

Estimated square feet heated by ASHP systems: 8,000

Excess generation capacity needed (kW): 9 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).