Modeled non-residential air source heat pump project
Capital cost ($): $623,971
Lifetime energy cost savings ($): $-187,297
Net lifetime savings ($): $-811,268
Benefit-cost ratio: -0.3
Estimated square feet heated by ASHP systems: 14,656
Excess generation capacity needed (kW): 43 kW
Expected average coefficient of performance (COP): 2.92
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).