Modeled residential air source heat pump project

Capital cost: $1,891,552

Lifetime energy cost savings: $-74,473

Net lifetime savings: $-1,966,026

Benefit-cost ratio: -0.0

Number of homes: 117

Average proposed capacity per residence (Btu/hr): 15,292 Btu/hr

Excess generation capacity needed (kW): 156 kW

Expected average coefficient of performance (COP): 3.32

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