We built in 2009.
Between the then kfw60-40 standard.
Heat demand approximately 12,000 kWh.
Electricity price at that time around 15 cents/kWh.
Offer for geothermal drilling around €13,000, whereby the drilling meters were based on a heating load estimate.
The first offered air heat pump was supposed to have 12 kW heating capacity.
That seemed way too high to me.
Consequently, we had a heating load calculation made by an engineering office.
Design temperature -14 degrees.
Heating load without basement just under 6.5 kW.
With heating of our party / hobby basement room just under 8 kW.
Due to the supposedly high drilling costs (which were based on 12 kW heating capacity), we opted for a smaller Stiebel air heat pump.
Unfortunately, this air heat pump + its hydraulics were poorly installed.
Electricity consumption: 4,000-4,500 kWh (annual performance factor 2.8)
A brine heat pump would have easily achieved an annual performance factor of 4-4.5 even with "poor" installation.
The drilling costs for 6 kW would have been only about €10,000. The geothermal heat pump itself would have cost almost €2,000 less. Real additional cost for the geothermal heat pump therefore rather €8,000.
Electricity consumption with geothermal heat pump and an annual performance factor of 4.5:
12,000 kWh : 4.5 = 2,666 kWh. And that compared to our air heat pump demand of 4,000-4,500 kWh.
That means additional electricity costs to date: annually €330...
The electricity price that served as the basis for our decision for the air heat pump has increased from 14-15 cents by almost 80% to 25 cents today.
At the end of the day, we are self-critical and would not choose it again due to the negative experiences with our air heat pump.
The heating engineers are not interested in building an efficient heat pump system. Hydraulics, design of the underfloor heating, hydraulic balancing, no buffer tank, no individual room controls,... all topics that a heating engineer just installs "as usual."
And here lies our problem with our air heat pump. A brine heat pump is "more grateful" due to the constant source temperature than an air heat pump with low outdoor temperatures in winter.
The air heat pumps that you get from the usual heating engineer are unfortunately mostly just "standard" in terms of efficiency.
The best models unfortunately still come from the Far East (Panasonic, Mitsubishi, Daikin) – but a normal heating engineer does not install Daikin.
Due to the currently very good BAFA subsidy, I would clearly go for geothermal today.