Modeled non-residential air source heat pump project
Capital cost ($): $416,268
Lifetime energy cost savings ($): $-908,051
Net lifetime savings ($): $-1,324,320
Benefit-cost ratio: -2.2
Estimated square feet heated by ASHP systems: 12,679
Excess generation capacity needed (kW): 44 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).