The fact that you need to roll out a drilling rig plus crew at all is going to be a large part of that cost. For it to become interesting for the average homeowner the price is probably going to have to drop by something like 75% - but that basically kills any margins for clever new innovations...

What I was trying to get at with the ground rod example is it’s entirely possible that you wouldn’t have to roll out a drilling rig and crew. To zoom about a bit, the main risk for heat pumps is really ugly winter peaks but besides that, ASHPs are perfect 90+% of the time. So the main role I see for GSHPs is backing up ASHPs to shave that peak, and once you scale back their role like that it seems like there’s a lot of ways to cut installation costs significantly.

In some potential future, there is an engineered a plant/fungus in a pot that you place onto the worksite. Months later, with regular sugar-water and hormones, it gives you a root-pipe for pennies a day.

Of course at that point we might not need the cheap pipe in the first place.