To enhance the economic feasibility of building heating systems, phase change heat storage materials are often utilized to utilize renewable energy and address system peak loads. This article presents an innovative method of integrating a sewage source heat pump with a heat storage device. Upon an industrial building in Xilinhot as a case study, numerical models for the heat accumulator coupled with the energy consumption of buildings are established, taking into account dynamic hourly loads and meteorological conditions. Through a comprehensive analysis, the thermophysical properties of the heat accumulator as well as the economic implications of the multi-energy complementary heating system are investigated. Results demonstrate that the complete melting time for a 95 % filling rate is significantly reduced, 87.11 % shorter than that of pure phase change material, achieving the highest heat storage efficiency. Furthermore, the phase change storage device with a 75 % filling rate had the shortest investment payback period, requiring only 6 years. These findings have significant implications for guiding green renovation projects in building heating systems