Modeled non-residential air source heat pump project
Capital cost ($): $403,783
Lifetime energy cost savings ($): $-603,740
Net lifetime savings ($): $-1,007,523
Benefit-cost ratio: -1.5
Estimated square feet heated by ASHP systems: 9,789
Excess generation capacity needed (kW): 40 kW
Expected average coefficient of performance (COP): 2.43
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).