Modeled residential air source heat pump project

Capital cost: $143,019,526

Lifetime energy cost savings: $1,941,191

Net lifetime savings: $-141,078,335

Benefit-cost ratio: 0.0

Number of homes: 1401

Average proposed capacity per residence (Btu/hr): 49,950 Btu/hr

Excess generation capacity needed (kW): 31 kW

Expected average coefficient of performance (COP): 2.86

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