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Geothermal heating system price varies depending on the type of loop system, usually either vertical or horizontal. On average, a typical home of 2500 square feet, with a heating load of 60,000 BTU and a cooling load of 60,000 BTU will cost between $20,000 to $25,000 to install.
GEOTERM Direct use: Direct use of geothermal energy for heating purposes can be currently competitive with conventional energy sources. In Europe, geothermal district heating costs are about USD 55-165/MWh th, averaging USD 68/MWh th. In 2008 capital costs for greenfield geothermal flash plant developments ranged from USD 2000/kW e to USD 4 500/kW e e. Capital cost pay-back times for ground source heat pumps typically range from four to eight years in Europe.