Modeled non-residential air source heat pump project
Capital cost ($): $6,914,911
Lifetime energy cost savings ($): $-1,220,480
Net lifetime savings ($): $-8,135,391
Benefit-cost ratio: -0.2
Estimated square feet heated by ASHP systems: 155,185
Excess generation capacity needed (kW): 684 kW
Expected average coefficient of performance (COP): 2.64
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).