Installing a ground source heat pump is a large project , so you might expect to pay between $10,000 - $30,000 on a system. For smaller homes with lower heating and cooling loads, expect to be on the lower end of this spectrum. For example, a 2,000-square-foot home will cost between $3,000 to $5,000 to install.. Geothermal Heat Pumps. Geothermal heat pumps (GHPs), sometimes referred to as GeoExchange, earth-coupled, ground-source, or water-source heat pumps, have been in use since the late 1940s. They use the relatively constant temperature of the earth as the exchange medium instead of the outside air temperature. Although many parts of the country.

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An overview of Geothermal Ground Source Heat Pumps. How do ground source heat pumps work? Ground source heat pumps can be categorized as having closed or open loops, and those loops can be installed in three ways: horizontally, vertically, or in a pond/lake. The type chosen depends on the available land areas and the soil and rock type at the installation site.. Closed-loop geothermal heat pumps are much more common for residential installations than open-loop systems. Closed-loop geothermal heat pump systems. Closed-loop ground source heat pump systems are characterized by the fact that they all circulate an antifreeze solution through a closed-loop of piping underground, usually made of plastic tubing.