Modeled non-residential air source heat pump project
Capital cost ($): $10,514,782
Lifetime energy cost savings ($): $18,775,012
Net lifetime savings ($): $8,260,231
Benefit-cost ratio: 1.8
Estimated square feet heated by ASHP systems: 755,710
Excess generation capacity needed (kW): 939 kW
Expected average coefficient of performance (COP): 3.74
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).