Would cost me about $30,000 to have a geothermal heat pump installed plus the cost of electricity to run it. Have a very well insulated home, 4,000 square feet, thermal windows, storm doors, 18" of ceiling insulation, high efficiency furnace. Average heating bill is about $1,200 per year. So would take a long awhile for a payback. 25 years just on the installation. Longer for the electricity. Then most new plants are burning natural gas anyway.
Then the reliability of this new stuff is going way down, using a lot of imported components, meeting people with only 5 years of service when their AC systems have to be replaced. And electrical failures are far more predominate than natural gas failures. If you lose electrical power, you are screwed. Do have a natural gas, gas logs, electrically independent for backup. People don't think about back up.
Many people think a cord of wood is 2 by 4 by 8 feet, not saying you are one, just around here. Actually twice this, and a lot depends on the quality of the wood where the BTU value can vary between 5-30 million BTU's for a full cord.
Using an average value of 18 million, equivalent to 180 therms of natural gas. At our rates, would cost $135.00, but try and find a wood burning stove that is 97% efficient. Burnt wood a long time ago, temperature control is miserable, can't leave your home, will freeze up, and a heck of a lot of work.
Our cell bill is 900 bucks more than our heating bill, if anything goes first would be these darn things, still have to buy our own equipment and paying a fortune for microvolt signals. But nothing beats our property tax bill. Back in the 60's a home like this was 150 bucks per year and the only conceivable services I am getting is picking up a half a bag of garbage each week. But I guess we have better politicians today.