Modeled non-residential air source heat pump project
Capital cost ($): $219,329
Lifetime energy cost savings ($): $-364,459
Net lifetime savings ($): $-583,788
Benefit-cost ratio: -1.7
Estimated square feet heated by ASHP systems: 8,523
Excess generation capacity needed (kW): 20 kW
Expected average coefficient of performance (COP): 2.52
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).