Modeled residential air source heat pump project

Capital cost: $370,205

Lifetime energy cost savings: $1,161,391

Net lifetime savings: $791,187

Benefit-cost ratio: 3.1

Number of homes: 19

Average proposed capacity per residence (Btu/hr): 22,347 Btu/hr

Excess generation capacity needed (kW): 27 kW

Expected average coefficient of performance (COP): 3.80

This component calculates the potential change in heating oil usage from the installation of new air source heat pumps in all residential buildings.