Modeled non-residential air source heat pump project

Capital cost ($): $8,463,604

Lifetime energy cost savings ($): $423,854

Net lifetime savings ($): $-8,039,749

Benefit-cost ratio: 0.1

Estimated square feet heated by ASHP systems: 422,819

Excess generation capacity needed (kW): 811 kW

Expected average coefficient of performance (COP): 3.61

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).