Modeled residential air source heat pump project

Capital cost: $216,637

Lifetime energy cost savings: $218,226

Net lifetime savings: $1,589

Benefit-cost ratio: 1.0

Number of homes: 10

Average proposed capacity per residence (Btu/hr): 24,599 Btu/hr

Excess generation capacity needed (kW): 10 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.