Modeled non-residential air source heat pump project
Capital cost ($): $10,169,800
Lifetime energy cost savings ($): $-3,095,569
Net lifetime savings ($): $-13,265,369
Benefit-cost ratio: -0.3
Estimated square feet heated by ASHP systems: 628,102
Excess generation capacity needed (kW): 730 kW
Expected average coefficient of performance (COP): 3.77
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).