Exergy analysis of low temperature geothermal heat plant with compressor and absorption heat pump was carried out. In these two concepts heat pumps are using geothermal water at 19.5°C with spontaneous outflow 24 m3/h as a heat source. The research compares exergy efficiency and exergy destruction of considered systems and its components as well. For the purpose of analysis, the heating system was divided into five components: geothermal heat exchanger, heat pump, heat distribution, heat exchanger and electricity production and transportation. For considered systems the primary exergy consumption from renewable and non-renewable sources was estimated. The analysis was carried out for heat network temperature at 50/40°C, and the quality regulation was assumed. The results of exergy analysis of the system with electrical and absorption heat pump show that exergy destruction during the whole heating season is lower for the system with electrical heat pump. The exergy efficiencies of total system are 12.8% and 11.2% for the system with electrical heat pump and absorption heat pump, respectively.