There doesn't appear to be anything new about this, ground-source heat pumps have been available for domestic use for quite some time. And going by the name, and looks, it's actually an air-source heat-pump, but I could be wrong.
If geothermal has indeed been available for quite some time and the finances work out for the US consumer, BUT there has been no significant US consumer adoption, shouldn't we be applauding Dandelion and Google for using the Google brand awareness to drive awareness around and shining the light on this proven, environmentally and economically sustainable technology? Even better if the existing geothermal and utility…
I would take issue with their terminology though. To me, geothermal energy is extracting energy from hotspots in the earths's crust, as in Iceland, hot springs, and so on.
This is just using the stable temperatures below the surface as a source/sink for a heat-pump - no energy is being extracted. Hence ground-source heat-pump.