Modeled residential air source heat pump project

Capital cost: $162,216

Lifetime energy cost savings: $-326,936

Net lifetime savings: $-489,152

Benefit-cost ratio: -2.0

Number of homes: 12

Average proposed capacity per residence (Btu/hr): 7,749 Btu/hr

Excess generation capacity needed (kW): 14 kW

Expected average coefficient of performance (COP): 2.52

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