Modeled non-residential air source heat pump project
Capital cost ($): $923,465
Lifetime energy cost savings ($): $-163,015
Net lifetime savings ($): $-1,086,480
Benefit-cost ratio: -0.2
Estimated square feet heated by ASHP systems: 20,633
Excess generation capacity needed (kW): 95 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).