Modeled residential air source heat pump project

Capital cost: $309,546,597

Lifetime energy cost savings: $432,445,900

Net lifetime savings: $122,899,303

Benefit-cost ratio: 1.4

Number of homes: 12761

Average proposed capacity per residence (Btu/hr): 27,544 Btu/hr

Excess generation capacity needed (kW): 18,643 kW

Expected average coefficient of performance (COP): 3.74

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