Modeled non-residential air source heat pump project
Capital cost ($): $3,040,920
Lifetime energy cost savings ($): $1,343,745
Net lifetime savings ($): $-1,697,175
Benefit-cost ratio: 0.4
Estimated square feet heated by ASHP systems: 71,228
Excess generation capacity needed (kW): 165 kW
Expected average coefficient of performance (COP): 2.86
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).