Modeled residential air source heat pump project

Capital cost: $3,545,683

Lifetime energy cost savings: $-1,225,935

Net lifetime savings: $-4,771,618

Benefit-cost ratio: -0.3

Number of homes: 93

Average proposed capacity per residence (Btu/hr): 28,225 Btu/hr

Excess generation capacity needed (kW): 178 kW

Expected average coefficient of performance (COP): 2.84

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