Modeled non-residential air source heat pump project
Capital cost ($): $165,073
Lifetime energy cost savings ($): $99,768
Net lifetime savings ($): $-65,305
Benefit-cost ratio: 0.6
Estimated square feet heated by ASHP systems: 13,754
Excess generation capacity needed (kW): 14 kW
Expected average coefficient of performance (COP): 3.64
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).