☀︎SunTariff

Cost to run a induction cooktop (per zone) in New South Wales (2026–27)

NSW reference tariff · 33.1c/kWh

$0.66 per hour at 2,000 W

Typical use (0.5 h/day, 365 days a year at 2,000 W) ≈ $121/year on the Ausgrid rate.

Source: AER Default Market Offer 2026–27 (DMO 8), effective 1 July 2026

Induction cooktop cost in NSW at 0.5 h/day, 365 days/year (33.1c/kWh)
Model bandPer hourPer dayPer monthPer year
Efficient (1,200 W)$0.40$0.20$6.04$73
Typical (2,000 W)$0.66$0.33$10.07$121
High (3,000 W)$0.99$0.50$15.11$181

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 →

The same appliance in other states

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

What does a induction cooktop cost per hour in NSW?
$0.66 at the typical 2,000 W draw on NSW's reference rate of 33.1c/kWh (Ausgrid network). Efficient models run $0.40, high-draw models $0.99.
How is this calculated?
Watts ÷ 1,000 × the tariff = cost per hour, then × hours × days for the period figures. Every figure on this page uses NSW's 2026–27 reference rate — change the assumptions in the calculator above.
Is the tariff here what I actually pay?
It's the AER Default Market Offer 2026–27 (DMO 8) usage rate for the Ausgrid network — the government reference. Your market offer may be a little under it; your zone may differ. See NSW rates by zone.

Related

Sources — figures current as at 17 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.