Modeled residential air source heat pump project

Capital cost: $832,587

Lifetime energy cost savings: $145,375

Net lifetime savings: $-687,211

Benefit-cost ratio: 0.2

Number of homes: 52

Average proposed capacity per residence (Btu/hr): 15,145 Btu/hr

Excess generation capacity needed (kW): 70 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.