The article describes the economy of exploiting heat from low-temperature geothermal sources for high-temperature heating of buildings using a heat pump. For the exploitation of low-temperature geothermal sources, a two stage heat pump with a heat exchanger was planned. The pump consists of two single stage heat pumps which use different refrigerants at each stage. At stage 1, the calculation of the heat pump is conducted with refrigerant R407c; at stage 2 of the heat pump, the refrigerant R600a is used. The main operational characteristics of a two stage heat pump are presented in the form of diagrams. For the exploitation of heat from geothermal water with a temperature of 45 degrees C, a profitability evaluation of the investment in the heat pump was carried out, using the method of the net present value. In the research, also the coefficient of profitability and the period of time in which the investment is going to return itself were established. (c) 2007 Elsevier B.V. All rights reserved.