Modeled non-residential air source heat pump project
Capital cost ($): $173,473
Lifetime energy cost savings ($): $-104,547
Net lifetime savings ($): $-278,021
Benefit-cost ratio: -0.6
Estimated square feet heated by ASHP systems: 11,895
Excess generation capacity needed (kW): 12 kW
Expected average coefficient of performance (COP): 3.77
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).