Modeled non-residential air source heat pump project
Capital cost ($): $664,023
Lifetime energy cost savings ($): $370,319
Net lifetime savings ($): $-293,704
Benefit-cost ratio: 0.6
Estimated square feet heated by ASHP systems: 44,880
Excess generation capacity needed (kW): 49 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).