Modeled non-residential air source heat pump project

Capital cost ($): $511,455

Lifetime energy cost savings ($): $-469,236

Net lifetime savings ($): $-980,691

Benefit-cost ratio: -0.9

Estimated square feet heated by ASHP systems: 15,360

Excess generation capacity needed (kW): 54 kW

Expected average coefficient of performance (COP): 2.52

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).