Not sure what changed since there's no changelog, but after updating to the latest version my UPS is 20. Verified using debugger that this mod is responsible for ~40ms update time each frame.
I should note that I have 'instant build' enabled in options as well as a different mod that gives me long reach, is it possible this mod is iterating over the entire build area each frame which is causing the problem?
Anyway, disabling only this mod fixed the issue, in case this happens to anyone else.