Re: Ground source heating. . . how much did you save?
If my choices (like yours) are power or propane I would choose both.
As an alternative to a vastly expensive, complex, and failure prone ground source heat pump system, I would go with a "so-called" hybrid system utilizing a high efficiency air-source heat pump and propane furnace for backup.
With these systems, the air-source heat pump handles all the cooling needs of the house and the lion's share of the heating. However, when the temperature outside drops into the sub-freezing range or the homeowner decides to crank up the t-stat (requireing more heat than the air-source heat pump can easily generate) the back up furnace comes in and takes over for the heat pump RATHER than utilizing the resistance heating strips a heat pump would usually use.
This has several advantages over a ground source system.
1. It should much cheaper to install.
2. It eliminates the ground loop and the potential of ground loop failure, which I have seen all too often.
3. If your heat pump fails in the winter...you at least can use your propane furnace until you can get your heat pump fixed...which will cost you some...but not too much. I've seen multiple situations of ground source heat pump failure where they have not been able to replace the ground loop for MONTHS (because it's the middle of the winter when it fails), they've had to rely on the emergency heat strips (resistance heat only) to get through the winter, and have lost back to the electric utility every thing they saved over years during that period until they can get it fixed.
4. Air source heat pumps have gotten a lot better in the last several years, wiping out a lot of the ground source heat pump efficiency advantage.
On your domestic water heating needs and for your radiant heat you have a couple of better choices than a radiant electric water heater or boiler. A propane boiler (or water heater) would be cheaper to operate. They make electric air source heat pump water heaters too. They are f'in expensive...but if the geothermal price seems reasonable to you...it won't be nearly that much.
The responding poster that mentions natural gas is correct. Natural gas is so cheap right now, that if it's available it's a no brainer. Propane though is running about twice the cost of natural.
Remember this...anywhere you have electrical resistance heating you need to target it for elimination. That's what kills you. Heat generated by a heat pump (air source!) costs 1/3 to 1/4 what electric resistance heat costs. Any time your emergency strips or backup resistance heat is kicked on, you are using electric base board heat, an electric space heater, or a standard electric water heater, you are just killing yourself.
Good luck!
Phil