Modeled non-residential air source heat pump project
Capital cost ($): $1,325,137
Lifetime energy cost savings ($): $-298,777
Net lifetime savings ($): $-1,623,914
Benefit-cost ratio: -0.2
Estimated square feet heated by ASHP systems: 51,301
Excess generation capacity needed (kW): 101 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).