Modeled non-residential air source heat pump project
Capital cost ($): $1,633,830
Lifetime energy cost savings ($): $786,295
Net lifetime savings ($): $-847,534
Benefit-cost ratio: 0.5
Estimated square feet heated by ASHP systems: 40,345
Excess generation capacity needed (kW): 88 kW
Expected average coefficient of performance (COP): 2.86
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).