Modeled non-residential air source heat pump project
Capital cost ($): $1,357,532
Lifetime energy cost savings ($): $-181,262
Net lifetime savings ($): $-1,538,794
Benefit-cost ratio: -0.1
Estimated square feet heated by ASHP systems: 37,316
Excess generation capacity needed (kW): 103 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).