Modeled non-residential air source heat pump project
Capital cost ($): $440,345
Lifetime energy cost savings ($): $-262,953
Net lifetime savings ($): $-703,298
Benefit-cost ratio: -0.6
Estimated square feet heated by ASHP systems: 18,973
Excess generation capacity needed (kW): 38 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).