How much does it cost to run a induction cooktop?
A typical induction cooktop draws about 1800 watts. Used 1 hours a day, that works out to roughly $0.31 per day, $8.93 per month, and $107.10 per year on an average electricity rate of 17¢ per kWh. Induction transfers heat efficiently, wasting little energy to the air.
Induction Cooktop running cost calculator
- Per day
- $0.31
- Per month
- $8.93
- Per year
- $107.10
- CO₂ / year
- 252 kg
Based on 630 kWh per year. Adjust the price per kWh to match your latest electricity bill for an exact figure.
The number that matters most is your own electricity rate. Rates range from under 11¢ per kWh in some regions to over 30¢ in others, so the same induction cooktop can cost two or three times as much depending on where you live. Enter your exact rate in the calculator above to get a figure tailored to your bill.
Over a full year this induction cooktop uses about 630 kWh of electricity and is responsible for roughly 252 kg of CO₂ emissions on an average grid. Reducing run time, or switching to a more efficient model, lowers both the cost and the footprint.
If this induction cooktop is one you use daily, even small efficiency gains compound. Cutting its usage or wattage by 20% would save around $21.42 every year — money that an efficient replacement can recover over its lifetime.
Frequently asked questions
- How much does it cost to run a induction cooktop per hour?
- At 1800 watts and a 17¢/kWh rate, a induction cooktop costs about $0.31 per hour to run.
- How much electricity does a induction cooktop use per month?
- Running 1 hours a day, a induction cooktop uses roughly 52.5 kWh per month, costing about $8.93.
- Is a induction cooktop expensive to run?
- Not particularly — at around $107.10 per year, a induction cooktop is a relatively minor part of most electricity bills.
- How can I reduce my induction cooktop running costs?
- Use it during off-peak hours if your utility offers time-of-use pricing, reduce daily run time, and consider an ENERGY STAR rated induction cooktop, which uses less power for the same job.