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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.
1 Complete installation of a geothermal heat pump (ground-source or water-source) can cost $10,000-$25,000 or more, depending on the length and depth of the underground pipes, soil conditions and other excavation and installation factors.iscounts: 1  In an older home, adding an electric heat pump might require hiring an electrician to upgrade the electrical panel to 200 amps, which can cost an additional $1,300 -$3,000. 2  Kansas City Power & Light provides a detailed overview of the different types and uses of heat pumps.