Modeled non-residential air source heat pump project
Capital cost ($): $2,088,381
Lifetime energy cost savings ($): $-248,538
Net lifetime savings ($): $-2,336,919
Benefit-cost ratio: -0.1
Estimated square feet heated by ASHP systems: 54,989
Excess generation capacity needed (kW): 159 kW
Expected average coefficient of performance (COP): 2.99
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).