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).