Subcooling of the refrigerant at the exit of the condenser in a vapor compression refrigeration system could be an effective method to improve the coefficient of performance (COP). This method allows the refrigerant entering the evaporator with a lower mass fraction of vapor and absorbs more heat in the evaporator. The effort in this paper investigates a solar based integrated system of an electricity-driven vapor-compression chiller (VC) and an absorption heat pump (ABS) to provide both heating and cooling to space. Thermodynamic and heat transfer models of the integrated system were developed to estimate the system performance. The modeling results showed the integrated system can achieve 40% of the reduction on electricity consumption and 66% of the improvement in cooling COP. Furthermore, the hot water supply temperature can reach 50.25°C. The models have also been used to conduct parametric sensitivity analysis. The key parameters which affect the performance of the system were the heat source temperature, the hot water return temperature, and the outdoor air flow rate. Hot water flow rate only has significant influence on the hot water supply temperature. Increasing the temperature and flow rate of the heat source can have benefits on both heating and cooling performance. However, increasing the outdoor air flow rate can only benefit on energy saving and cooling performance.