Modeled non-residential air source heat pump project
Capital cost ($): $174,740
Lifetime energy cost savings ($): $131,377
Net lifetime savings ($): $-43,363
Benefit-cost ratio: 0.8
Estimated square feet heated by ASHP systems: 13,448
Excess generation capacity needed (kW): 13 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).