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Rising utility prices may have you reeling – and with good reason. The U.S. Energy Information Administration (EIA) predicts that electricity prices could reach as much as $0.156/kWh in 2023, an increase of 14.2 percent in just two years. But could you save energy by switching to an induction stove?
Keep reading to discover the difference between an induction stove and an electric one, how they work, and their pros and cons. Armed with this valuable information, you can make an informed decision.
If your new stove is part of a complete kitchen remodel, see our kitchen remodel cost guide for more information on stove options.
On this page
- Induction vs. electric stoves: how do they work?
- What are the pros and cons of induction stoves vs. electric?
- Is an induction stove or an electric one more expensive?
- Is an induction or electric stove right for your home?
- Our top picks for electric and induction stoves
- How do you clean induction and electric stove tops?
Induction vs. electric stoves: how do they work?
Before comparing the differences between an induction stove and an electric one, it helps to know how they work. Because although an induction stove is electric, an electric stove is not induction.
What is an induction stove?
In appearance, an induction stove looks just like a glass-top electric one. However, an induction stove uses electricity to create an electromagnetic field in copper coils under the burner area. Instead of a heat source, electromagnetism bypasses the glass top and heats the cookware. Then, the heat transfers from the cookware to the food.
Induction cooking requires cookware made of ferrous metals like cast iron or stainless steel. Aluminum, glass, or copper cookware won’t work on an induction stove. The oven in an induction range operates the same as in an electric one – unless you get a high-end model with an air fryer oven.
Pro tip: To see if your cookware will work with an induction stovetop, see if a magnet will stick to the bottom of it. If it does, it will work.
What is an electric stove?
Most homeowners know how a traditional electric stove with heating elements works. Metal coils are heated with an electrical current. In some models, the coils are visible. In others, they’re hidden under a glass or ceramic top. Because the cooktop gets hot, residual heat makes an electric stove less energy-efficient. You can use any cookware on an electric stove.
What are the pros and cons of induction stoves vs. electric?
Whether your old stove is on the fritz or you’re trying to get ahead of the rising cost of electricity, you want to compare the pros and cons of induction and electric stoves.
Pros and cons of an induction stove
- Instant response making temperature control easier
- Easy to clean, spills don’t cook on
- Cooktop remains cool to the touch
- No residual heat keeps the kitchen cooler and prevents burn risk
- More energy efficient
- Faster cook times
- Higher initial cost to purchase stove
- May buzz at high heat settings
- Requires cast iron or stainless steel cookware
- Doesn’t work during a power outage
- In some models, the magnetic field interferes with digital thermometers
Pros and cons of an electric stove
- Electric stoves are more affordable
- Easy to clean a glass top
- More energy efficient than gas
- Slow to respond
- Glass or ceramic cooktops remain hot after cooking
- Less energy efficient than induction
- Doesn’t work during a power outage
Is an induction stove or an electric one more expensive?
Typically, an induction stove costs more than an electric stove. But, the long-term savings may make it a worthwhile investment. Let’s look at the costs more closely.
Cost of the stove
The price of an induction stove starts at about $1,000 for a full-size range. However, you can purchase a basic electric stove for around half that. Considering that the ovens of both stoves work the same, starting with an induction cooktop would cost less if you currently have wall ovens.
Cost of installation
Hiring an electrician to install your new induction or electric cooktop could add labor rates of $40 to $120 per hour.
Both electric and induction stoves plug into the same type of outlet, which makes installation a breeze. If you have your new appliance delivered, the delivery personnel should install the new stove for you. And haul the old one away. Or, if you’ve picked up your new stove, installing it is something most homeowners feel comfortable with. However, if you have a cooktop and wall ovens, you may want to have them professionally installed.
Cost of operation
According to a 2020 study comparing the efficiency of induction cooktops with infrared ones, the authors found that induction cooktops use 98.8 percent of the energy generated to cook food. On the other hand, according to Energy Star, electric units are about 5 to 10 percent less efficient.
Is an induction or electric stove right for your home?
You may ask yourself whether an induction or electric stove suits your home. In addition to the factors on the above chart, you’ll want to consider the implications of replacing a gas cooktop.
To replace a gas stove with an induction unit, you’ll want a professional to remove the gas unit and disconnect the gas lines. If you aren’t going to use gas in your home any longer, you’ll need to cancel your service and have the tank removed.
Our top picks for electric and induction stoves
Shopping for appliances can be challenging. To help you get started, we’ve compiled a list of a few of the highest-rated electric and induction cooktops. Take it to your local retailer and ask their professional advice to match the right appliance to your needs.
Top electric stove or cooktop models
GE Model JB645EKES – A self-cleaning oven and fingerprint-resistant slate finish make this freestanding range one of the most popular electric stoves.
Frigidaire Model FFEF3054TD – This five-burner freestanding electric stove includes a quick boil element to get supper on the table faster. Its self-cleaning oven and black stainless steel are the icing on the cake.
GE Model JPJ3030TJWW – This radiant electric cooktop includes quite a few extras. They have two power boil elements, a melt setting for foods like chocolate and cheese, and lock-out capability.
Top induction stove or cooktop models
Frigidaire Gallery Model FGIH3047VF – This 30-inch slide-in induction range boasts self-cleaning and steam-cleaning with an air fry convection oven.
GE Profile Model PHS930YPFS – This slide-in induction range has a convection oven, fingerprint-resistant stainless steel, and built-in WiFi controls.
Bosch Benchmark Model NITP660UC – A cooktop suitable for a countertop or island, this induction model includes five burners, a frameless design, and is WiFi-compatible.
How do you clean induction and electric stove tops?
If you’re used to removing the heavy grates from your gas range to clean up spills, you’ll find cleaning a smooth-top stove much easier. Always follow the manufacturer’s instructions before cleaning any new appliance. But typically, glass surfaces wipe up with a damp cloth. For cooked-on food, use a cleaner made for stovetops and a scratch-proof scrubby.
Let’s get cooking
Having a stove that fits your needs is essential. Whether you choose a standard electric range, or an induction model, you’ll want to ensure it’s installed correctly, especially if you’re replacing a gas stove.