Modeled residential air source heat pump project

Capital cost: $3,137,187

Lifetime energy cost savings: $-397,829

Net lifetime savings: $-3,535,016

Benefit-cost ratio: -0.1

Number of homes: 121

Average proposed capacity per residence (Btu/hr): 14,576 Btu/hr

Excess generation capacity needed (kW): 232 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.