Modeled residential air source heat pump project

Capital cost: $36,003,759

Lifetime energy cost savings: $88,617,763

Net lifetime savings: $52,614,004

Benefit-cost ratio: 2.5

Number of homes: 2001

Average proposed capacity per residence (Btu/hr): 20,636 Btu/hr

Excess generation capacity needed (kW): 2,600 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.