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You'd have to do the maths. Condensing boilers are very efficient. I have a geothermal heat pump. The systems use a fair bit of electricity to drive the fans and pumps but then again you don't have to buy any oil or gas. If I was doing it again I'd look more closely at a wood pellet boiler or CHP, especially now that the pellet supply problem seems to have moderated with Balcas upping production and getting their distribution systems in line with demand.
Extopia - Going by what you have said you don't have a geothermal heat pump, you have an air sourced or aerothermal heatpump if you are talking about fans. Geothermal is the ground sourced heat pump.
Just to clarify
Nope - it's geothermal. I shouldn't have said fans - I should have said compressor/evaporator.
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