Modeled non-residential air source heat pump project
Capital cost ($): $235,505
Lifetime energy cost savings ($): $-114,378
Net lifetime savings ($): $-349,883
Benefit-cost ratio: -0.5
Estimated square feet heated by ASHP systems: 16,753
Excess generation capacity needed (kW): 20 kW
Expected average coefficient of performance (COP): 3.64
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).