Modeled non-residential air source heat pump project
Capital cost ($): $1,569,436
Lifetime energy cost savings ($): $-1,080,389
Net lifetime savings ($): $-2,649,825
Benefit-cost ratio: -0.7
Estimated square feet heated by ASHP systems: 75,302
Excess generation capacity needed (kW): 153 kW
Expected average coefficient of performance (COP): 2.99
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).