Modeled non-residential air source heat pump project
Capital cost ($): $2,828,258
Lifetime energy cost savings ($): $1,687,623
Net lifetime savings ($): $-1,140,635
Benefit-cost ratio: 0.6
Estimated square feet heated by ASHP systems: 71,891
Excess generation capacity needed (kW): 214 kW
Expected average coefficient of performance (COP): 2.52
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).