A regenerative braking model for a parallel Hybrid Electric Vehicle (HEV) is developed in this work. This model computes the line and pad pressures for the front and rear brakes, the amount of generator use depending on the state of deceleration (i.e. the brake pedal position), and includes a wheel lock-up avoidance algorithm. The regenerative braking model has been developed in the symbolic programming environment of MATLAB/SIMULINK/STATEFLOW for downloadability to an actual HEV's control system. The regenerative braking model has been incorporated in NREL's HEV system simulation called ADVISOR. Code modules that have been changed to implement the new regenerative model are described. Resulting outputs are compared to the baseline regenerative braking model in the parent code. The behavior of the HEV system (battery state of charge, overall fuel economy, and emissions characteristics) with the baseline and the proposed regenerative braking strategy are first compared. Subsequently, a series of parametric studies are conducted with the proposed model to illustrate the tradeoffs involved in HEV component sizing with and without using regenerative braking.