Modeled residential air source heat pump project

Capital cost: $1,188,396

Lifetime energy cost savings: $nan

Net lifetime savings: $nan

Benefit-cost ratio: nan

Number of homes: 24

Average proposed capacity per residence (Btu/hr): 42,333 Btu/hr

Excess generation capacity needed (kW): 114 kW

Expected average coefficient of performance (COP): 2.66

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