Modeled non-residential air source heat pump project

Capital cost ($): $534,771

Lifetime energy cost savings ($): $-375,016

Net lifetime savings ($): $-909,787

Benefit-cost ratio: -0.7

Estimated square feet heated by ASHP systems: 18,486

Excess generation capacity needed (kW): 48 kW

Expected average coefficient of performance (COP): 2.84

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).