Modeled non-residential air source heat pump project
Capital cost ($): $188,198
Lifetime energy cost savings ($): $207,163
Net lifetime savings ($): $18,964
Benefit-cost ratio: 1.1
Estimated square feet heated by ASHP systems: 15,078
Excess generation capacity needed (kW): 14 kW
Expected average coefficient of performance (COP): 3.63
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).