Modeled non-residential air source heat pump project
Capital cost ($): $620,303
Lifetime energy cost savings ($): $-1,006,779
Net lifetime savings ($): $-1,627,082
Benefit-cost ratio: -1.6
Estimated square feet heated by ASHP systems: 19,835
Excess generation capacity needed (kW): 62 kW
Expected average coefficient of performance (COP): 2.43
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).