Modeled non-residential air source heat pump project
Capital cost ($): $399,113
Lifetime energy cost savings ($): $162,707
Net lifetime savings ($): $-236,405
Benefit-cost ratio: 0.4
Estimated square feet heated by ASHP systems: 25,242
Excess generation capacity needed (kW): 36 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).