Modeled non-residential air source heat pump project
Capital cost ($): $2,008,093
Lifetime energy cost savings ($): $-333,866
Net lifetime savings ($): $-2,341,959
Benefit-cost ratio: -0.2
Estimated square feet heated by ASHP systems: 66,551
Excess generation capacity needed (kW): 153 kW
Expected average coefficient of performance (COP): 2.99
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).