Modeled non-residential air source heat pump project

Capital cost ($): $2,436,564

Lifetime energy cost savings ($): $-289,679

Net lifetime savings ($): $-2,726,243

Benefit-cost ratio: -0.1

Estimated square feet heated by ASHP systems: 60,753

Excess generation capacity needed (kW): 186 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).