Modeled non-residential air source heat pump project
Capital cost ($): $3,193,085
Lifetime energy cost savings ($): $1,151,012
Net lifetime savings ($): $-2,042,074
Benefit-cost ratio: 0.4
Estimated square feet heated by ASHP systems: 75,138
Excess generation capacity needed (kW): 225 kW
Expected average coefficient of performance (COP): 2.84
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).