Modeled non-residential air source heat pump project
Capital cost ($): $588,244
Lifetime energy cost savings ($): $-100,584
Net lifetime savings ($): $-688,828
Benefit-cost ratio: -0.2
Estimated square feet heated by ASHP systems: 23,176
Excess generation capacity needed (kW): 45 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).