Modeled residential air source heat pump project

Capital cost: $301,719

Lifetime energy cost savings: $298

Net lifetime savings: $-301,421

Benefit-cost ratio: 0.0

Number of homes: 7

Average proposed capacity per residence (Btu/hr): 29,740 Btu/hr

Excess generation capacity needed (kW): 17 kW

Expected average coefficient of performance (COP): 2.64

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