Abstract: A system and method for determining the most favorable locations for enhanced geothermal system applications are disclosed. According to one embodiment, a computer implemented method comprises receiving input data comprising characteristics of a subsurface geothermal resource and spatial parameters associated with extracting the subsurface geothermal resource, generating formulas and look-up tables based upon the input data, wherein the formulas and look-up tables relate a cost per rate to spatial attributes associated with the subsurface geothermal resource. Geographic information is combined with the formulas and look-up tables to create a map of the cost of each component of a plurality of components. A map is output of a total cost of electricity generation capability associated with the subsurface geothermal resource, wherein the total cost is calculated by summing the cost of each component of the plurality of components.