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How much does it cost to run a induction cooktop (per zone)? (2026–27)

At typical draw · official state tariffs

$0.55–$0.84 per hour at 2,000 W

Typical household use — 0.5 h/day, 365 days a year at 2,000 W — runs $100–$153 a year depending on your state's tariff.

Wattage basis: Per-zone ratings: small zones 1,200–1,500 W, medium 1,800–2,000 W, large/boost 2,500–3,000 W (Fisher & Paykel zone specs).

Induction cooktop running cost by state at typical draw (2026–27 reference tariffs)
StateTariff c/kWhPer hourTypical year
New South Wales33.1c$0.66$121
Victoria27.5c$0.55$100
Queensland28.0c$0.56$102
South Australia41.9c$0.84$153
Western Australia33.3c$0.67$121
Tasmania28.0c$0.56$102
Australian Capital Territory37.0c$0.74$135
Northern Territory31.7c$0.63$116

Appliance running-cost calculator

NSW

Induction cooktop: 1,200–3,000 W typical range.

15–45 min per session per zone; a whole 4-zone cooktop flat-out can exceed 7,000 W but cost is modelled per active zone.

$0.66 per hour · $121/year at your settings
Per day (0.5 h)
$0.33
Per month
$10.07
Per year (365 days)
$120.95

Tariff: 33.1c/kWh — AER Default Market Offer 2026–27 (DMO 8) for the Ausgrid network, effective 1 July 2026. Wattage basis: Fisher & Paykel induction cooktop specifications. Full induction cooktop costs in NSW →

Cutting the cost

Induction is the most efficient cooktop because it heats the pan directly and wastes little to the air. Match the pot to the ring size, keep a lid on to hold the heat, and use the boost setting to bring water up fast, then ease it back. Flat, magnetic-based cookware couples best. Because it responds instantly, you can turn it down sooner than you would a gas or radiant hob.

Frequently asked questions

How is the running cost calculated?
Watts ÷ 1,000 × your electricity rate = cost per hour. A induction cooktop drawing 2,000 W on a 33.1c/kWh tariff costs $0.66 an hour — the calculator above lets you change every input.
Does a higher star rating cut the cost?
Yes — the star rating compresses the power draw or energy per use, which scales this page's figures directly. The low–high band in the table (1,200–3,000 W) roughly spans efficient to inefficient models.
Why does the state matter?
The appliance draws the same power everywhere — but each state's reference usage rate differs, so the same hour of running costs $0.55 in the cheapest state and $0.84 in the dearest. Pick your state above for exact figures.

Related

Sources — figures current as at 17 July 2026.

Costs use each state's representative-zone reference usage rate, effective 1 July 2026. 15–45 min per session per zone; a whole 4-zone cooktop flat-out can exceed 7,000 W but cost is modelled per active zone.