By the time your oil burner is ready for retirement (or maybe sooner),
air source heat pumps using CO2 (aka R744) as the working fluid may finally become available in the US which will take some wind out of geothermal sails. With output temps of above of 50C/122F you can get comfortable temps out of an air-handler coil, heat your hot water with it directly. Current technology CO2 heat pumps peak out well above 150F considerably hotter than with flurocarbon refrigerants. (The Sanyo units only spec out 65C/149F ratings, but industrial-sized units in Germany run fine with ~175F outputs.) At comfortable space-heating or domestic hot water output temps they can deliver a COP>3 with outdoor temps down to ~20-25F, and are still in ~2 COP territory down to -10F (yep, that's below zero.) Your peak loads are probably about 12-15kw, and occur at temps where the COP is starting to flag a bit so you'd need some sort of backup. The 9kw Sanyo units sold in Europe are probably fine for you down to about 0-5F, but may be good to even lower if you can reduce your peak heat loss with more insulation, or can apply insulated shutters/shades when it's actually cold out, etc. But there are other vendors, other sizes- it's not rocket-science to scale up to US-type heat loads when they decide to market them here.
Geothermal CO2 heat pumps are surely coming as well. As a retrofit in hot-air furnace situations the high output temps of CO2 heat pumps would be a far preferable solution than the current technology available in the US. (Did you ever feel like a second-tier country in technology terms? Energy policy in the rest of the world has put them ahead of USA on some of this stuff.) Currently the air-source units work well enough for the milder European climates that the additional cost of going geo isn't cost effective- air source CO2 pumps are more expensive than old-school heat pumps, but still a fraction of a geo installation cost, and in many climate zones it's at least as efficient as geo using old-skool heat pumps.
We'll see how long it takes. It took at least a half-decade for the Daiken Altherma hydronic air-source heat pumps to arrive at these shores (and there are as-yet but a handful of US installations). Maybe by 2015 R744/CO2 heat pumps will start to trickle in? Stay tuned, but don't be holding your breath now...