Modeled non-residential air source heat pump project
Capital cost ($): $644,188
Lifetime energy cost savings ($): $912,763
Net lifetime savings ($): $268,576
Benefit-cost ratio: 1.4
Estimated square feet heated by ASHP systems: 12,219
Excess generation capacity needed (kW): 49 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).