Modeled residential air source heat pump project

Capital cost: $1,037,669

Lifetime energy cost savings: $25,722

Net lifetime savings: $-1,011,947

Benefit-cost ratio: 0.0

Number of homes: 72

Average proposed capacity per residence (Btu/hr): 13,631 Btu/hr

Excess generation capacity needed (kW): 85 kW

Expected average coefficient of performance (COP): 3.32

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