Modeled non-residential air source heat pump project
Capital cost ($): $283,835
Lifetime energy cost savings ($): $-494,593
Net lifetime savings ($): $-778,428
Benefit-cost ratio: -1.7
Estimated square feet heated by ASHP systems: 11,649
Excess generation capacity needed (kW): 37 kW
Expected average coefficient of performance (COP): 2.66
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).