Modeled non-residential air source heat pump project
Capital cost ($): $410,013
Lifetime energy cost savings ($): $100,907
Net lifetime savings ($): $-309,106
Benefit-cost ratio: 0.2
Estimated square feet heated by ASHP systems: 16,366
Excess generation capacity needed (kW): 31 kW
Expected average coefficient of performance (COP): 2.92
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).